Cimpler Real Estate dba LenderBackDoor
Special Forebearance
This is where your lender will allow you to make no monthly payment or a reduced monthly payment. Sometimes, the lender will ask you to be put on a repayment plan when the forbearance has been finished to pay back what you missed, while other times they just modify your loan.
Currently this is falling into the loan modification category.
To discuss your options, please contact us.