What are the consequences if you don’t pay your mortgage for 3 months? There is not a lot of talk about that in the new coronavirus stimulus package. As good as it sounds it’s a complicated matter. Not paying your mortgage is a big decision that should not be taken lightly. Understanding the the potential consequences of prolonging mortgage payments can help you make a confident decision, or at least an informed one.
The safest thing to do is to continue to pay your mortgage and I explain why in this video.