This allows the homeowner to protect the home if a spouse or partner dies unexpectedly, but assures they need not make the premium
payment during periods of unemployment.
Not exact matches
For instance, suppose you paid off your credit card debts on time for years and then missed some
payments during a
period of hardship, such as
unemployment or a medical emergency.
Most mortgage
payment protection plans for
unemployment will allow the owner
of a mortgage protection policy to waive their mortgage protection plan premium
during periods of unemployment.
The Home Affordable
Unemployment Program (UP) provides homeowners forbearance, which is a temporary
period of time
during which your regular monthly mortgage
payment is reduced or suspended.