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Repayment plan

  • Listed: August 13, 2022 1:58 pm
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Description

Repayment plan

A repayment plan is a structured way to make up your missed mortgage loan payments over a certain period of time. This is a type of loss mitigation. If you have trouble making your mortgage payments, your lender or servicer may allow you to enter into a repayment plan. Before entering into a repayment plan, make sure you understand the requirements of the plan and whether you will be able to make the new payments.

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Listing ID: 46562f7ade537101

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