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Local Bank Offers Mortgage Relief For Borrowers Impacted By Federal Shutdown

OceanFirst Bank N.A. is offering a forbearance or temporary suspension of mortgage and home equity loan payments for up to 90 days to its customers who work for the federal government or businesses affected by the government shutdown, the bank announced last week.

“As a community bank, OceanFirst wants to provide support to every mortgage customer who works for the federal government or businesses that are affected by the current shutdown,” said Anthony Giordano, III, OceanFirst Bank’s Senior Vice President and Senior Operations Officer. “We recognize these are stressful times for these customers, many of whom are worried about meeting their mortgage and other financial obligations, especially if there is a prolonged shutdown. By offering the Mortgage Relief Program, we hope we can ease any concerns relating to their mortgage or home equity loan until they get back to work and are paid.”

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Posted: January 13th, 2019 | Author: | Filed under: Monmouth County News, New Jersey | Tags: , , , , | 2 Comments »