Here’s something that might surprise you –an adjustable-rate mortgage (ARM) isn’t a bad loan! True, some years ago, this type of home loan was linked to the bubble burst in the housing market…
As we navigate the rapidly evolving COVID-19 situation, our first priority is the safety and health of our employees and customers. It is important that we come together and follow what is recommended by CDC and other government agencies. We understand the concern and uncertainty caused by COVID-19 and we are confident that we can meet the challenges ahead.
In compliance with “Stay at Home” and “New York State on PAUSE” orders, some of our locations will be temporarily closed until further notice. Our employees will work from home. If you have any questions or need assistance, please call us at toll free number 877-282-6561 or call individual loan officers you are currently working with.
We truly appreciate your patience as we work through this difficult time. We are committed to devote all available resources to minimize the impact to you and to our business.
CFPB RELEASED A VIDEO ON HOW MORTGAGE FORBEARANCE WORKS UNDER CARES ACT https://www.youtube.com/watch?v=br5EPugsnLs&feature=emb_title