Understanding mortgage forbearance under the CARES Act

Mass Appeal

(Mass Appeal) – Are you struggling to pay your mortgage? Did you know you could get relief for up to a year? Under the Coronavirus Aid, Relief, and Economic Security Act (a.k.a., the CARES Act), borrowers are eligible for mortgage forbearance for up to 12 months.

Jeffrey Smith, Vice President & Chief Loan Officer with Freedom Credit Union is here now to walk us through what forbearance is and how it can help borrowers with their mortgages.

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