March 28, 2020

How to pause mortgage payments if coronavirus has crippled your finances

The coronavirus presents many challenges to Americans. These include the potential loss of work and income. That can be frightening for homeowners with a mortgage to consider. Fortunately, there are mortgage relief choices you can pursue if COVID-19 causes financial hardship. One of them is mortgage forbearance.

Forecast your prospects and explore options that can make things easier until your economic situation improves. Talking with your lender about your situation and solutions available can provide better peace of mind.

Learn more by reading my latest The Mortgage Reports story on this topic, available here.