Skip to content
BOL Conferences
Thread Options
#2118367 - 02/15/17 07:14 PM SCRA and Investment Property
Christine81 Offline
Member
Joined: Mar 2011
Posts: 78
I would just like to confirm that the one year extension of the rate reduction after active duty, applies to an investment rental property secured by a mortgage. I don't see anywhere that the protection only applies to principal residence. Thank you.

Return to Top
Lending to Servicemembers (SCRA, JWNDAA), War, Terrorism
#2118635 - 02/17/17 01:02 AM Re: SCRA and Investment Property Christine81
Tesla Offline
Power Poster
Joined: Nov 2003
Posts: 3,726
I would agree.
_________________________
It's not that I take life for granted. It's only that the good won't make it. Innocence dies, while Villany Thrives.

Return to Top
#2118666 - 02/17/17 02:21 PM Re: SCRA and Investment Property Christine81
Christine81 Offline
Member
Joined: Mar 2011
Posts: 78
Thank you!

Return to Top
#2118817 - 02/17/17 09:50 PM Re: SCRA and Investment Property Christine81
Andy_Z Offline
10K Club
Andy_Z
Joined: Oct 2000
Posts: 27,750
On the Net
I also agree as the section of the SCRA addresses mortgages and trust deeds and is not specific to a home or the SMs residence.
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

Return to Top

Moderator:  Andy_Z