(818) 634-5212
(818) 634-5212
(818) 634-5212

Mortgage Help For Homeowners Impacted By Coronavirus

By John Catalano - March 28, 2020

 

MORTGAGE HELP FOR HOMEOWNERS IMPACTED BY THE CORONAVIRUS

 

Fannie Mae, Freddie Mac and the Federal Home Loan Banks are taking steps to help people who have been impacted by the coronavirus.   If your ability to pay your mortgage is impacted, and your loan is owned by Fannie Mae or Freddie Mac, you may be eligible to delay making your monthly mortgage payments for a temporary period, during which: 

  • You won’t incur late fees.
  • You won’t have delinquencies reported to the credit bureaus.
  • Foreclosure and other legal proceedings will be suspended

If you have trouble catching up at the end of this temporary relief period, additional assistance may be available.  You can work with your servicer to resume making a mortgage payment.  Or if you need additional assistance, our years of experience can assist you for free and work on your behalf with your servicer on this and other foreclosure prevention options to keep your home if you need. 

Contact your mortgage servicer if you think you need assistance as soon as possible to let them know about your current circumstances. The telephone number and mailing address of your mortgage servicer should be listed on your monthly mortgage statement.  If you would like or need our assistance with this or have additional questions or concerns to understand all of your options, John Catalano and the Heroes Real Estate Team are here to help.  Contact us for a FREE and NO OBLIGATION consultation.   We will provide any help needed and will do everything to keep you and your family in your home.   

Heroes Real Estate Team –

Heroes Real Estate Team of Realty ONE Group wants to help you buy or sell your home or investment property. The Selling Homes for Heroes team is committed to saving you thousands on your real estate transactions and providing outstanding service by our team of professionals.

If your'e  thinking of buying or selling a home, contact us to see how we can save you thousands. Over the past 12 years, we have helped clients from across the Los Angeles area. We can help you find the perfect property or sell your home and keep more of your money in your pocket.

If you have questions or concerns about your future mortgage payments, contact us to see how w can assist for free. 

818.634.5212 LA/ SFV Area 661.435.6766 SCV/ AV Area

Email-  John@SellingHomesForHeroes.com

WEB SITE-  HeroesRealEstateProgram.com

 

 

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