For many who request a beneficial forbearance underneath the CARES Act and you will affirm towards the lender your experience an excellent COVID-19 relevant hardship, you will be granted a good forbearance for up to 180-weeks

• FHA Fund: these are financing insured by the Reasonable Houses Administration, including fundamental mortgage loans and you may Home Equity Conversion Mortgage loans (i.age., reverses mortgage loans). Check your new financing records having a keen FHA Situation Amount otherwise look at your month-to-month statement to see if you have to pay a keen FHA home loan insurance premium. Continue reading →