5 steps to apply for mortgage forgiveness due to Coronavirus - consumerfinance.gov


UPDATE – 02/16/2021 – The deadlines for an initial forbearance for FHA, VA and USDA mortgages have been extended to June 30, 2021. Mortgages backed by Fannie Mae and Freddie Mac currently do not have a date Limit for requesting an initial forbearance. Contact your administrator for more details. – – – If the coronavirus has made it difficult to pay your mortgage, contact your mortgage servicer immediately. You may be eligible for forbearance, which temporarily stops or reduces your monthly mortgage payments. There are five steps you should take to apply for mortgage relief: • Step 1: Find your servicer information • Step 2: Call your servicer to tell them that you have experienced financial difficulties due to the Coronavirus pandemic • Step 3: Find out if your loan mortgage is eligible for relief under the CARES Act • Step 4: Make sure you are comfortable with the terms of the mortgage relief or forbearance before proceeding. • Step 5: Agree on a support plan with your administrator. To learn more about mortgage assistance options during the coronavirus pandemic, visit http://consumerfinance.gov/housing. The Consumer Financial Protection Bureau (CFPB) is an agency of the US government that makes sure that banks, lenders, and other finance companies treat you fairly. Find out how the CFPB can help you https://consumerfinance.gov/about-us/

Connect with CFPB:
Twitter: https://twitter.com/CFPB
Facebook: https://facebook.com/CFPB .

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Viralrook: 5 steps to apply for mortgage forgiveness due to Coronavirus - consumerfinance.gov
5 steps to apply for mortgage forgiveness due to Coronavirus - consumerfinance.gov
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