Worried about your mortgage payment?
What is a forbearance? A forbearance is an agreement between a homeowner and their mortgage servicer (to whom they send their mortgage payments) to suspend payments for a period of time. The homeowner does not incur late fees or other penalties during the forbearance.
Additionally, mortgage terms are unchanged, and the homeowner agrees to make up the accrued interest and payments in the future. Typically, a forbearance will affect a homeowner’s credit rating, however, there are a few differences in forbearances during COVID-19 which can be found on the Fannie Mae and Freddie Mac websites. Loan servicers have been instructed to provide mortgage relief options which include:
Bottom line: homeowners who have the ability to pay their mortgage should do so. In the event you are unable to make a future mortgage payment, please call your mortgage servicer immediately and request assistance on forbearance under the new CARES Act. |
Testimonials
The Vaulet Group helped us relocate our family from another state. They helped us figure out what questions that we did not even know to ask. Miranda was patient with us looking at lots of homes in a very short period of time. She also took care of so much for us that we could not be there to deal with. Miranda is honest and truthful. If you want someone to call it how it really is Miranda is spot on. I would recommend anyone looking for a home in Northern Nevada contact Miranda and The Vaul…
Georgie
Miranda is amazing! She is a super hard worker and takes pride in making her clients happy. She is a professional yet very fun and energetic. She made me feel very comfortable and made buying a house fun. She is great at negotiating and seems to know everyone in the business. I would definitely recommend her. When I’m ready to sell, she’s the one I’ll call.
Austin
Miranda and her husband Brent were absolutely wonderful in helping us find a great house in the Old Reno neighborhood. From beginning of the process to the end they were on top of everything …We highly recommend Miranda and Brent and will use them in the future.
Silvia
Brent and his team were great. They helped me find a lender and walked us through the whole process from beginning to end. If ever I need to buy or sell a home again, I will be looking to the Vaulet group.
Jaime & Montgomery
Miranda was AWESOME. Looked after my interests throughout the entire process and her group kept me informed at all times when changes or circumstances occurred. I would and will recommend The Vaulet Real Estate Group to my contacts in the future.
Rick
We were referred to Vaulet Group by a friend and fellow Real Estate Agent who was out of state. We needed a home in a hurry, and this group delivered. They were flexible with time which made it easy to contact them anytime. They were able to smoothly extend our closing date due to delays with our lenders, while on their family vacation!! We would highly recommend The Vaulet Group as we consider them true professionals and now good friends.
Lisa
We have bought and sold 3 homes and have never been treated as professionally as with Miranda. She is knowledgeable and caring. She was always available for questions and to help us fill out forms. I would use her services again in a minute. She is by far the best realtor we have ever dealt with. She always returned our calls which was important to us. It was easy and coordinated, we will always remember that.
Charles & Kathy
Miranda helped me find a lender who was able to secure a loan for us at a good interest rate and helped us overcome some obstacles that others might have not been able to find a solution for. Miranda is driven, honest, knowledgeable and provides solutions to make her customers happy. She kept our goals her priority and was always eager to talk with us.
Robin
As promised I had an offer the first week of listing the home and the process was smooth and easy. BEST experience EVER!!! Miranda knows what she is doing and makes sure that she and The Vaulet Group are there every step of the way. It was not necessary for me to miss work or have to coordinate my schedule around somebody else. Miranda took care of everything. Knowing you have an agent that has your best interest at heart and is doing everything in their power to sell your home quickly…
Stacy
Miranda handled my home search and purchase with outstanding customer service, excellent communication and professionalism. My circumstances resulted in a six-month home search, due to my changing personal circumstances. Miranda was extremely patient as she helped me search and view numerous homes. I was finally able to move forward with a purchase in spring of 2015, she helped me find an awesome house. My seller wasn’t the easiest to deal with and Miranda made this a pleasant experience. Buy…
Ron