Hey Debbie, I know this doesn’t appear to be an excellent respond to, however, I’d phone call once more and talk to someone else within PennyMac. What they’re telling you is not similar to the guidance offered in the new CARES Act, or even the information you to FHA have put out as the. Ask especially for you to choice. Promise this helps?

It is my understanding that basically consult an entire 180 weeks on my FHA mortgage that financial usually do not refute myself and just accept ninety days to start. During my instance We haven’t been capable progress as PennyMac simply offer me personally a shortened name regarding 3 months.

The brand new CARES Act says you have to getting granted to 180 1st, with the ability to extend and extra 180 months for many who are sense financial due to COVID-19 hardship. (altro…)