Mortgage Forbearance Trap? Mortgage Forbearance Pros and Cons. Be careful with mortgage forbearance as a result of the Coronavirus. You will probably have to pay all of the months you owe in one lump sum at the end of the forbearance period. The CARES ACT does not give you a right to pay your late payments at the end of the loan. You might end up owing 6 months in one lump sum. Attorney Diego G. Mendez, Esq. explains the mortgage forbearance pros and cons.
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