Watch this video to learn what options might be available at the end of a COVID-19 forbearance plan
At Guild, We’re here to help you every step of the way. You are in control of your home and your future and we’re committed to help you understand your options throughout the forbearance process. Your forbearance plan was designed to help you by pausing your monthly mortgage payments. To explain furthur, forbearance did not wave or forgive the payments. Your forbearance plan letter states that the paused payments are due at the end of the forbearance period, unless you seek to obtain another option, such as a payment plan or loan modification. If you’re able, you should continue to make your regular monthly mortgage payments to reduce that amount you owe at the end of the plan. If you cannot make the payments, don’t worry. As you near the end of your initial forbearance period, we will present you with several options that may help you make the best decision for your current situation. We understand that you may not be able to repay the entire amount immediately. So, let’s take a look at options that may be available to you to help you catch up on your payments. Please select an option to learn more.