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Forbearance under the CARES Act

Discussion in 'Mortgages & Financing' started by Dustin012290, May 18, 2020.

  1. Dustin012290

    Dustin012290 Law Topic Starter New Member

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    I have an RHS loan through BOK Financial. I have recently been laid off and was looking into the Forbearance options listed in the CARES Act and I reached out BOK. I told them I wanted to apply for forbearance for 6 months, and wanted my repayment option to be adding the 6 months to the end of my term. They told me in no way was that an option. However, it is listed as an option in the CARES Act. Is this something that the lenders can pick and choose which repayment options to abide by, or are they just hoping I wont question their statement?
     
  2. PayrollHRGuy

    PayrollHRGuy Well-Known Member

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