If you are struggling to make your mortgage payment on your FHA-insured mortgage because of COVID-19, help is available.
However, you must act now. Here are the steps you should take today
Contact your mortgage servicer and request a COVID-9 forbearance. A forbearance is a reduction or pause in your mortgage payment.
Your mortgage servicer is the entity to which you make your mortgage payments. Your mortgage servicer is the only entity that can provide you with a mortgage payment forbearance.
When working with your servicer, you should:
1) State that you are having a financial hardship due to COVID-19.
2) Request a COVID-19 Forbearance for your mortgage payments
3) Ask your servicer to confirm the details of your agreement in writing.