Thursday, March 4, 2021
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Mortgage payment differral for Mortgagors

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The Bahamas Mortgage Corporation has agreed to provide a three-month loan payment deferral plan for its mortgagors who have been negatively impacted by the COVID-19 Pandemic. Forbearance of monthly payments will be provided for mortgagors who maintained their accounts in good standing before the onset of the pandemic. Payments will resume, with accrued interest, being applied to the principal balance at the end of this period.
COVID-19 IN THE BAHAMAS