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Is Mortgage Forbearance Worth It?

Attend our FREE "How to buy your first rental property masterclass" here: https://www.goodsweethomes.com/how-to... I’ve been told that everyone should call their banks right now to get a mortgage forbearance to reduce your monthly expenses. I thought it would be as simple as deferring the payments and just extending my loan for another six months. After calling the mortgage company, I found out that it’ll be much more complicated than that, and may have some negative impacts to my credit. In this video, we’ll talk about what a mortgage forbearance is and whether getting it is worth it or not. This video is for people who are considering getting a mortgage forbearance and by the end of this video, you should have a good understanding of the consequences of requesting it versus continuing to make the monthly payments! --- Subscribe to the Channel! ► https://bit.ly/2yX7KKY Listen to the Podcast! ► https://apple.co/2yVGmNK Visit our Website! ► https://everythingrei.com Join our Meetup! ► https://meetup.com/everythingrei/ Like us on Facebook! ►   / everythingrei   Follow on Instagram! ►   / im_seanpan   If you're looking for a hard money loan, apply at https://www.cvlending.com and mention that you came from Sean's channel to get $500 off of your processing fees!