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As the impacts from the COVID-19 pandemic continue to ripple across our nation, an escalating foreclosure crisis among FHA-insured borrowers is reaching a cataclysmic point, impacting hundreds of thousands of borrowers. The U.S. Department of Housing and Urban Development (HUD) understands that many homeowners may be struggling and unable to make mortgage payments due to the COVID-19 pandemic.
If you or someone you know are one of the many FHA-borrowers in communities across the country having difficulty paying your mortgage due to the pandemic, HUD urges you to act now.
FHA’s special COVID-19 mortgage payment forbearance is currently available to FHA-insured borrowers. More information is available by viewing the letter from the U.S. Department of Housing and Urban Development in it's entirety, available in both English y en español.
Additional information and resources for FHA borrowers is available on the HUD website. Homeowners and renters can also visit the Consumer Financial Protection Bureau's website for up-to-date information on their relief options, protections, and key deadlines.