If you are in a tight spot financially, or you think you may be in the future, a mortgage forbearance might sound like the perfect solution.
You take a break from your mortgage payments and you can catch up in the future when things are better.
This sounds great, but there is a BIG downside to taking a forbearance.
On this bonus episode, we talk about what will really happen, if you take a mortgage forbearance.
Caeli Ridge From Ridge Lending Group explains how a forbearance works and why you don’t want to take one.