Scott SelleckBroker / Sales Associate / Transition Advisor, The Selleck Group, KW City Views Realty · Scott Selleck | Trusted Bergen County Realtor | Keller Williams City Views Realty, Fort Lee NJ

Federal Employees: Mortgage Relief Options & Solutions #shorts

28 Oct 2025 · 1 min

Watch on YouTube

0:30

A short YouTube video by Scott Selleck advising federal employees who are struggling with mortgage payments to proactively contact their mortgage servicers. The speaker says major banks are treating affected federal employees like a natural disaster and offering fee waivers, payment extensions, forbearance programs, loan modifications, and repayment plan options—emphasizing the need to reach out before missing a payment to avoid disqualification from relief programs.

But here's the good news. There's a real solution available. If you're a federal employee struggling with these payments, call your mortgage servicer today. Major banks are treating this like a natural disaster, offering fee waivers and payment extensions and forbearances programs or loan modifications and repayment plan options. The key is reach out to them before you miss your payment. Otherwise, you can be disqualified. For a lot of these plans.