Loan Modification Forum - LoanSafe.org - View Single Post - Modification? Forebearance? I'll Flip a Coin!

Dan Bailey · 02-05-2009, 08:02 AM

Calli,
Moe has always suggested making all payments if possible on time. No-one here can tell you not to make a payment. That is soley your decision based upon your circumstances.

I do not know if getting a forebearance is put on your credit report...but I do know after talking to a mortgage broker friend on mine the other day, the broker CAN see that it was done at some point and it does affect their decisions in the future to obtain a re-finance or new mortgage..

02-05-2009, 08:02 AM	#14 (permalink)
Dan Bailey Loan Safe Moderator & Homeowner Guide Join Date: May 2008 Location: Wilmington NC Posts: 1,407 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Modification? Forebearance? I'll Flip a Coin! Calli, Moe has always suggested making all payments if possible on time. No-one here can tell you not to make a payment. That is soley your decision based upon your circumstances. I do not know if getting a forebearance is put on your credit report...but I do know after talking to a mortgage broker friend on mine the other day, the broker CAN see that it was done at some point and it does affect their decisions in the future to obtain a re-finance or new mortgage.. __________________ Loansafe saved my home!! I may be alot of things, but I do know the difference between reply and forward.