Mortgage forbearance
If I haven’t paid my forbearance charges , can the loan company call in my loan?
Terry Says
I’m not quite sure what you mean by “forbearance charges.” What did you agree to with the mortgage company when they allowed you to go into forbearance? I’m sure that’s going to be part of the answer. Please write back letting me know exactly what was in your “forbearance deal.”
If you don’t live up to the agreement — or if they won’t get you an extension at the end of forbearance, and you can’t pay, then the answer is yes — they can foreclose on your mortgage loan.