Covid 19, Mortgage Deferrals and the Credit Score Gamble
Posted by Matthew Dekort on
This post is time sensitive, with implications for your mortgage, cashflow, and credit for April - Sept 2020, all due to Covid-19.
I am not a medical professional. I know NOTHING about health. There are hundreds of news stories out there about Covid-19. Many more about government actions. About social distancing. This is NOT one of those posts. It should also be noted, that as with everything Covid, the situation is fluid and changing.
The federal government announced the Covid-19 Mortgage Payment Deferral Program. Essentially freeing up extra cash flow for mortgage holders NOW, in the middle of the outbreak. The best page directly from the government describing the program…
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