Forbearance vs. Loan Modification vs. Loan Deferment

Melanie Cameron - Forbearance vs Loan Modification vs Loan Deferment

REALTOR® Melanie Cameron explains the differences between a Forbearance, Loan Modification, and Loan Deferment. Don’t make a blind choice just because someone says you don’t have to pay your mortgage for 3 months. Each of these actions have different consequences and one may make your financial situation worse.

If you have any questions, don’t hesitate to reach out to Melanie.

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About the Author
Melanie Cameron
Listing Specialist and Team Leader of The Cameron Team. Have questions about the Wilmington real estate market or selling your home? Give Melanie a call at (910) 233-2840.