Forbearance: A Period During Which Your Monthly Loan Payments Are Temporarily Suspended Or Reduced. You May Qualify For Forbearance If You Are Willing But Unable To Make Loan Payments Due To Certain Types Of Financial Hardships. During Forbearance, Principal Payments Are Postponed But Interest Continues To Accrue.
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Information provided is for guidance purposes only and not to be construed as a loan solicitation. We, International Investors Mortgage LLC (IIM), do not offer or negotiate terms of owner occupied residential mortgage loans. We collaborate closely with a niche group of licensed Real Estate and Mortgage Professionals. Clients are introduced to licensed corporations that operate under Privacy Protection Banking Acts. We collaborate solely with regulated financial entities that adhere to State and Federal regulations. Our strategic partners understand the importance of client privacy protection during the entire loan approval process.
