Are you behind on your FHA mortgage? Message from US Dept. of Housing and Urban Development

COVID-19 mortgage payment forbearance is currently available to FHA-insured borrowers. Photo: Gaudi Laub/Shutterstock
COVID-19 mortgage payment forbearance is available to FHA-insured borrowers. Photo: Gaudi Laub/Shutterstock
Sponsored Content from U.S. Department of Housing and Urban Development

COVID-19 mortgage payment forbearance is available to FHA-insured borrowers

As the impacts from the COVID-19 pandemic continue to ripple across our nation, an escalating foreclosure crisis among FHA-insured borrowers is reaching a cataclysmic point impacting hundreds of thousands of borrowers. We understand that many homeowners may be struggling and unable to make mortgage payments due to the COVID-19 pandemic.

If you are current on your mortgage payments or are already on a mortgage payment forbearance, please disregard this message.

If you or someone you know are one of the many FHA-borrowers in communities across the country having difficulty paying your mortgage due to the pandemic, we urge you to act now.

FHA’s special COVID-19 mortgage payment forbearance is currently available to FHA-insured borrowers.

 There are two ways to get more information on the special COVID-19 mortgage payment forbearance:

First, contact your mortgage servicer, the entity to which you make your mortgage payments. If you are unable to contact your mortgage  servicer right now, get help from a HUD-approved Housing Counseling Agency.
  • Call, email or visit the website of your mortgage servicer using the contact information on your monthly mortgage statement.
  • State that you have a financial hardship due to COVID-19 and request a COVID-19 forbearance.  A COVID-19 forbearance allows you to reduce or suspend your mortgage payments for a period of time.

 

 

 

  • Contact a HUD-approved housing counseling agency in your local area. To find a HUD-approved agency, call (800) 569-4287, or use the online search at www.hud.gov/housingcounseling
  • Explain your situation. Housing counselors are trained to assess your financial situation and explain the options available to you.
  • A HUD certified housing counselor may be able to help you work with your mortgage servicer to obtain a COVID-19 forbearance.

You are not alone during these difficult times.  The COVID-19 mortgage payment forbearance is available now so please seek assistance to obtain this option.

About U.S. Department of Housing and Urban Development

The Department of Housing and Urban Development is the Federal agency responsible for national policy and programs that address America's housing needs, that improve and develop the Nation's communities, and enforce fair housing laws.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...