Telegram - Serving Metropolitan Detroit Since 1944

Expiring COVID-19 Forbearance Relief for FHA Borrowers

 

RASHIDA TLAIB -13TH District

Hardships from the COVID-19 pandemic continue to be felt across our communities as well as our economy. Currently, there are well over 300,000 Federal Housing Administration (FHA) borrowers who are at least 90-days delinquent on their mortgage and in danger of losing their home to foreclosure.

To assist FHA borrowers with keeping their homes in 13th District Strong, the United States Department of Housing and Urban Development (HUD) and I are kindly asking for your help: please join in spreading the word about the lifeline being extended to delinquent borrowers so they can avoid COVID-19 forbearance and keep a roof over their families' heads. . This relief will only be available until June 30, 2021.

Here are two ways to get more information on the special COVID-19 mortgage payment forbearance HUD is offering:

First, contact your mortgage servicer, the entity to which you make your mortgage payments.

If you are unable to contact your mortgage servicer right now, get help from a HUD-approved Housing Counseling Agency.

Call, email or visit the website of your mortgage servicer using the contact information on your monthly mortgage statement.

State that you have a financial hardship due to COVID-19 and request a COVID-19 forbearance. A COVID-19 forbearance allows you to reduce or suspend your mortgage payments for a period of time.

Contact a HUD-approved housing counseling agency in your local area. To find a HUD-approved agency, call (800) 569-4287, or use the online search at http://www.hud.gov/housingcounseling.

Explain your situation. Housing counselors are trained to assess your financial situation and explain the options available to you.

A HUD certified housing counselor may be able to help you work with your mortgage servicer to obtain a COVID-19 forbearance.

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Please be sure to take advantage of these resources, get vaccinated, mask up, socially distance, and stay safe. As always, my (virtual) door is always open to you so be sure to contact us if you have any questions or need assistance, and follow us on Facebook, Twitter, and Instagram to stay updated.

Sincerely,

Rashida Tlaib

Member of Congress

 

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