Covid 19 and Los Angeles Real Estate: Reduce or Suspend My Mortgage?
As the economic impacts of this global pandemic begin to hit home, many of you are becoming worried about how you’ll make your mortgage payments, especially if you’ve been laid off from your job.
Chase Bank says it will review your loan for options including a repayment plan, forbearance, or a loan modification.
Bank of America financial institution has paused foreclosure sales, evictions, and repossessions and says it is working with customers.
Wells Fargo customers can call 800-869-3557 to discuss their options.
TD Bank has specialists standing by at 800-222-5522.
Whether you reduce or suspend your mortgage, it’s important to understand the lingo the bank uses to their benefit. As your neighbor and local Realtor®, I can help you.
You can reach me anytime at Aimee@AimeeCane.com
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