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Topic | My mortgage is offering payment deferral; what's the downside here? |
IdiotMachine 04/07/20 11:57:53 AM #1: | Deferment of suspended, current, or past due principal and interest payments as a non-interest bearing balance, due and payable at maturity of the mortgage loan, or earlier upon the sale or transfer of the property, refinance of the mortgage loan or payoff of the unpaid principal balance and any unpaid fees. So I can pause my payments for like 6 months, and pay that back at the end of the loan in one lump sum with no interest? Why would I not do this? --- ... Copied to Clipboard! |
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