There are ALTERNATIVES that allow you to keep the house such as: part 5

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Services for Real Estate Pros with Laura Moore Godek, PC

FORBEARANCE PLAN.

This option may provide for a temporary reduction or suspension of payments. The payment amount will be increased at a later time to repay the delinquent amount. Forbearance is available if you have a VA loan and may be available for other types of loans.  If the reason you have missed a mortgage payment or two was temporary this alternative may work for you.

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Activerain Attorneys
Illinois Mortgage Professionals
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Tags:
va loan
mortgage payments
foreclosure
forebearance
foreclosure alternative
suspension of payments

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