If you have a mortgage guaranteed by Fannie Mae or Freddie Mac, you may be eligible for reduced or suspended mortgage payments for up to 12 months if you've been impacted by COVID-19. Reference the links below for more information on assistance for homeowners and guidance for lenders and servicers.
Freddie Mac has also created the following interactive guides for homeowners and home buyers.
If you don't have a mortgage guaranteed by one of these entities, you are encouraged to reach out to your loan servicer to see what payment arrangements can be made. Click here for a list of banks that are taking steps to help customers.
In addition, the U.S. Department of Housing and Urban Development (HUD) and Federal Housing Finance Agency (FHFA) announced the suspension of foreclosures and evictions for 60 days for FHA-insured and Fannie Mae/Freddie Mac-backed mortgages.
The following resource is provided by the Consumer Financial Protection Bureau (CFPB), the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) with regard to Mortgage Relief and Forbearance.
“The CARES Act and Mortgage Relief: Understanding Your Options as a Homeowner” Webinar:
The website housingwire.com has partnered with Freddie Mac to create a resource for homebuyers that answers commonly asked questions about mortgage forbearance.
Homeowners who received down payment assistance from TSAHC may contact their loan servicer at one of the numbers below to make payment arrangements or discuss available options.