Help for homeowners – Quick Note July, 2021
Mortgage Relief for Homeowners
If you are experiencing a hardship such as job loss, income reduction, or sickness due to COVID-19 and you are no longer able to make your mortgage payment, your mortgage servicer is available to help with mortgage relief options, including:
- Payment relief through a forbearance plan offers a reduction or suspension of your mortgage payments for up to 12 months, offered in increments of up to six months
- Late fee relief during your forbearance plan period
- Repayment options following your forbearance. You are not required to repay missed payments all at once, but you have that option. You can also set up a repayment plan to catch up gradually or a loan modification to help keep payments affordable.
Additionally, foreclosure and eviction relief may now be available through the Federal CARES Act and continueing amendments thru Aug 31st, 2021. Please realize Loan Servicers are flooded with requests and we suggest you allow plenty of time where possible to navigate the process.
To learn more visit our Mortgage Relief Page with all the links HERE.


