Several of the larger mortgage companies in the United States have taken actions to help homeowners. Below is information on the steps taken and resources that may be available to Delawareans struggling to make their mortgage payments as a result of the COVID-19 situation.
Fannie Mae/Freddie Mac
Fannie Mae and Freddie Mac are offering help for homeowners who missed their mortgage payments due to a financial hardship related to COVID-19, including forbearance plans and a COVID-19 payment deferral option. To see what options may be available to you and check whether or not your mortgage is backed by one of the two organizations, visit their COVID-19 Homeowner Resources webpages at: Fannie Mae and Freddie Mac.
Consumer Financial Protection Bureau
If you’re concerned about how to pay your mortgage or rent due to COVID-19, the Consumer Financial Protection Bureau offers information on what to do now and what your options are for mortgage relief. Visit their website for more information and helpful resources.