Due to the ongoing COVID-19 pandemic, many mortgage lenders have allowed homeowners to take advantage of putting their mortgage payments into forbearance for varying amounts of time, and hundreds of thousands of individuals have taken advantage of these programs. With respect to these forbearance plans, the most common question that clients and potential clients are asking is: What happens when the forbearance period ends?

What Happens When the Mortgage Payment Forbearance Ends?
Due to the ongoing COVID-19 pandemic, many mortgage lenders have allowed homeowners to take...