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Private Lending & Conventional Mortgage Advice

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Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
560
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514
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Negative affects of forbearance?

Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
Posted Apr 8 2020, 14:34

I heard a rumor that commercial lenders are asking about forbearance. Specifically, if you had to ask for forbearance from your bank since it indicates a borrower has less than a stable financial position. Anyone else hearing anything? Personally I'm holding off and will only ask my bank if I absolutely need to skip a payment.

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