A $0 mortgage payment for several months may sound enticing but there are some disadvantages of not paying your mortgage including a POTENTIAL negative impact on your credit score.
So, if you’re curious what is loan forbearance or what is mortgage loan forbearance as part of the 2020 CARES Act, the pros and cons of what is forbearance, then this video is for you.
Comment below with any questions! Do you think this may cause a housing crash 2020 for our country as well as our California housing market?
Jason Walter (Sacramento Realtor and native)
Sacramento CA
call/text 916-426-3012
jason@meetjasonwalter.com
DRE #01923240
Realty ONE Group Complete
Follow me on Instagram ➜ @SacramentoRealtor
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Disclaimer:
Jason Walter is not a practicing CPA or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified CPA, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.
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#loanforbearance #realestate #stimuluspackage
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