Temporary Mortgage Freeze?

[Matthew Bruzek]

Hello! This is my first post and is just a general question. My wife and I are considering selling our current property and moving into another, but as I’m sure many of you know, those events don’t always line up perfectly to prevent paying for two places at once.

I’ve heard rumors about a program that allows the temporary freezing of mortgage payments on properties for sale by owner while they begin paying for other properties. I’m totally new to this and this was something I heard in passing, so I’m looking to understand if there’s any validity to this and, if so, how does one go about setting it up?

This is in an effort to make moves toward our goals without sinking ourselves. The opportunity to move on this other property is rare, and we’d need to sell our current property in tandem.

Thank you!