Special Relief Following Kentucky Severe Storms, Straight-Line Winds, Flooding and Tornadoes
“This Circular expresses concern about the Department of Veterans Affairs (VA) home loan borrowers affected by the Kentucky Severe Storms, Straight-Line Winds, Flooding and Tornadoes, and describes measures mortgagees may employ to provide relief. FEMA will continue to update the list of counties impacted on their website here: https://www.fema.gov/disaster/declarations. Mortgage servicers and borrowers alike should review VA’s Guidance on
I understand that it is valuable to shop around for lenders. My question is more geared toward finding lenders to work with your particular circumstance. In my case, credit and such is fine but I have an employment gap. So I would be also looking for a lender that could figure out if/how to use my current
As part of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) recently signed into law by the President, forbearance has made the news in a big way. The CARES Act provides for some additional forbearance protections for homeowners that do not normally exist outside of the COVID-19 pandemic.
Under the CARES act, the servicer of any Federally backed mortgage is