What is forbearance?

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  • Amelia Robinette

    TeamRobinette

    www.teamrobinette.net  
    703-533-8120

    Amelia Robinette is trained in personal financial planning and has an extensive background in corporate finance. She brings her skills analyzing the big pictureto her mortgage clients. Customer service is the most important thing to Amelia and her team of professionals. Obtaining a mortgage can be a stressful process.It should be taken very seriously… you are dealing with not only very large sums of money, but your home. TeamRobinetteunderstands that these are very important and personal decisions and will guide you along the way, removing any mystery from the process. Amelia has several years of experience providing mortgage options to her clients so they are well informed about all programs available. Amelia's focus is on teaching people how to integrate their mortgage into their financial plan, taking into consideration short-term and long term cash goals, as well as overall investment planning.TeamRobinette also offers commercial mortgages, housing counseling, reverse mortgages, small business financial planning, and construction loans.

  • What is forbearance?

    Give yourself every advantage when you're facing foreclosure. And get tips on how to avoid finding yourself in that situation. Expert Amelia Robinette explains some of the terminology associated with foreclosure and gives tips to help you get back on track.

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    Tags:

    Foreclosure

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    Property

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    House

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    Sale

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    Mortgage

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    Debt

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  • Transcripts

    Host: What is forbearance?

    Amelia Robinette: Forbearance is a suspension for a set period of time of your mortgage payments or a reduction of your monthly mortgage payments. Lenders will do this if you are experiencing a temporary setback such as job loss, a health crisis or something temporary. Interest will continue to accrue during a forbearance and the bottom line is the lender is trying to give you a chance to catch up with your mortgage.

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