People are under the impression requesting forbearance on residential or commercial loans does not affect your credit or background – and this is not true. It comes up on your report.
If you are a principal and are considering to take on forbearance, please keep in mind that it may effect any future loan approval.
Net Lease Investment Advisor at Marcus & Millichap
Office: (786) 522-7134
michael.salafia@marcusmillichap.com
michael.salafia@marcusmillichap.com
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