Updated over 5 years ago on . Most recent reply
Will taking forbearance affect future ability to get a mortgage?
Federally backed loans are offering 180 days forbearance. A hold on payments until October. After that they will arrange a payment plan or a loan modification.
I know this won't show as missed payments on a credit check. But if an investor wants to buy another property in the next couple of years, will lenders see this and take it into negative consideration? What are the ramifications?