If the coronavirus pandemic has made it difficult for you to make your mortgage payments, it’s not too late to request COVID hardship forbearance from your mortgage servicer. Forbearance is when your mortgage servicer or lender allows you to pause or reduce your mortgage payments for a limited time while you build back your finances.
If you have a home loan backed by HUD/FHA, USDA, or VA your mortgage servicer is authorized to approve initial COVID hardship forbearance requests until the COVID-19 National Emergency is officially over. Previously the deadline was set for September 30, 2021.
If your loan is backed by Fannie Mae or Freddie Mac, there is not currently a deadline for requesting an initial COVID hardship forbearance.