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To apply for mortgage payment forbearance, contact your lender or mortgage servicer. The number is on your monthly mortgage statement.

The nation-wide ban on home foreclosures has been extended through June 30. It’s part of an effort to stabilize homeownership and help people remain in their homes during the COVID-19 pandemic.

The foreclosure moratorium applies to all federally backed mortgages (FHA, VA, USDA, Fannie Mae, or Freddie Mac). Each homeowner should contact their lender directly to learn how this moratorium extension affects them.

Even if you do not have a federally backed mortgage, your lender may be willing to work with you to avoid foreclosure if you are facing financial challenges due to the pandemic.

In addition, homeowners who need to request mortgage payment forbearance—which allows borrowers to request a pause or reduce the amount of their monthly payment amounts—can continue to do so until June 30. This is also a deadline extension due to the pandemic.

Borrowers can now defer mortgage payments for an additional six months if they are enrolled in a forbearance plan.

Forbearance is when your mortgage servicer or lender allows you to pause or reduce your payments for a limited period of time.

Forbearance does not erase what you owe. You’ll have to repay any missed or reduced payments in the future. So, if you’re able to keep up with your payments, keep making them.