Deadlines: Varies. Before your next payment is due.

Description: If you can’t  make your monthly house payments, you can request mortgage forbearance: partial payments or no payments for a specific time—usually 6 months.

Eligibility: People unable to make mortgage payments due to the disaster

How to apply: Contact your mortgage servicer

Phone: To talk with a Department of Housing and Urban Development-approved housing counselor before agreeing to forbearance, call 800-569-4287

Personal Info: Current phone number, address to receive mail (links to ways to retrieve this info)

Notes:. Interest still accrues, but the lender won’t charge late fees or report you to credit bureaus.

More Info: https://www.nerdwallet.com/blog/mortgages/disaster-hit-your-home-and-mortgage-who-to-call-what-to-do/

Do you have to pay your mortgage if your house is destroyed?: http://library.hsh.com/articles/homeowners-repeat-buyers/do-you-have-to-pay-your-mortgage-if-your-house-is-destroyed.html

Leave a Reply