Home / Talking to lenders / Questions

What is mortgage forbearance?

Short answer

A temporary pause or reduction in mortgage payments. You’ll usually need to repay the missed amount later through a plan or modification.

Rules differ by state. This is general information, not legal or professional advice.

See every step in 1 minuteTalking to lenders before you fall behind

Watch now Read the guide

People also ask

Will a hardship plan hurt my credit?›Should I use retirement money to pay debts?›Should I call my lender before I miss a payment?›What is a hardship program?›Which bills should I pay first when money is short?›Are debt settlement companies a good idea?›Where can I get free help with my mortgage?›

See all questions (8) ›

Official sources

CFPB: trouble paying debtsconsumerfinance.gov
HUD: find a housing counselorhud.gov
FTC consumer advice: debt relief scamsconsumer.ftc.gov