If you have an FHA home loan backed by Fannie Mae or Freddie Mac and you’re facing a job loss, reduced income, or illness you qualify for up to 12 months of forbearance.
Under these conditions, the loan servicer is not allowed to charge penalties, late fees, or report information to the credit bureaus.
Please Note:
?CONTACT YOUR LOAN SERVICER TO SETUP THE FORBEARANCE IF NEEDED.
All foreclosures and evictions are suspended for the next 60 days.
Visit these links for more detailed information:
Coronavirus: Homeowners can delay mortgage payments up to 12 months
HUD provides immediate relief for homeowners
Freddie Mac Assistance
