What is forbearance?

Forbearance is a temporary reduction in or suspension of your mortgage payments. Your servicer may grant you forbearance if you recently lost your job or suffered from a disaster or from an illness or injury that increased your health care costs.

If you are unemployed or having trouble making your payments you can visit Making Home Affordable.

For help in exploring your options call the CFPB at (855) 411-CFPB (2372) to be connected to a U.S. Department of Housing and Urban Development (HUD)-approved housing counselor today.

Was this page helpful to you?

Note: Do not include sensitive information like your name, contact information, account number, or social security number in this field.

The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.

Read full answer Hide full answer