1 in 4 Homeowners in Forbearance Still Paying Their Mortgage

Written by Florida Condotel Mortrgage on October 9, 2020. Posted in Florida Condotel Mortgage.

About 25% of owners seemingly have mortgage forbearance as a preventative measure, “one of the most surprising aspects of this entire episode,” says a mortgage banker VP. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage on a Florida condotel, secondary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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