@Brian_Earl_Spilner wrote:I was declined by Navy. They just don't like my profile. Will wait for the letter, but I'm around 20% DTI making 70k and own my $600k home outright.
Are you talking about for the relief loan? If so, that sucks. Sorry to hear! 
Citadel relief options,
Local Philly CU,
@Anonymous wrote:Several of my banks-lenders are stating that a deferred status will be shown on my credit report for waiving up to 2 months.
Will this appear as anything negative or in question on my credit reports?
You'll probably have like most of us the natural disaster comment on your reports. That will explain what they do.
You know whose put Natural Disaster codes on my CR in the past? Citi... none of the others seem to have caught it...
Saw them a few times in the past when i guess there was flooding in the area.. (no it didnt affect me fortunately)
They also remove them after a period of time... Not sure how it works if you actually use them....
-J
Speaking of creditors...
Got this from Tally Credit
We’re #InThisTogether and remain committed to helping you become less stressed and better off financially during a time of uncertainty.
If you’re a current Tally user and have been affected by the coronavirus, Tally’s COVID-19 Relief Program can help you.
Just email us at relief@meettally.com and tell us how COVID-19 has affected you. A member of our team will follow up with you in 2-3 business days. No documentation or proof of loss of income is required at this time.
Once you’re enrolled, you can either postpone a payment to Tally or create a custom payment plan while still keeping your Tally account in good standing.
As an aside, they seemed to have applied the fed rate drop as my account is now down to 10.9% and I am not in their best tier..
-J
@Anonymous wrote:
@Brian_Earl_Spilner wrote:I was declined by Navy. They just don't like my profile. Will wait for the letter, but I'm around 20% DTI making 70k and own my $600k home outright.
Are you talking about for the relief loan? If so, that sucks. Sorry to hear!
Yes, the only reason was recent delinquency. My last late was almost 4 years ago so I assume it's due to a collection or charge off updating.
Also... Hanscom Federal Credit Union has a few options on offer...
https://www.hfcu.org/covid-19.html
Since their page is so long..
Highlights
3 mo mortgage forebearance
LifeLine Loan
- 0.0% APR* for the first 60 days. If more than 60 days are needed to repay, the loan will be converted for easy repayments over a 12-month term at a low fixed rate of 8.49% APR*
- Skip-A-Loan-Payment. Hanscom FCU will waive the $25.00 Skip-A-Payment fee for qualified members. Click here for information.
- Share Certificate fees waived
- Penalties will be waived for members making withdrawals from certificates during the state of emergency.
Also Hanscom FCU is a SBA Loan Lender participated in the Paycheck Protection Program..
-J