Throughout COVID-19, there’s been a lot of talk about forbearance and other loss mitigation options that apply to borrowers with federally-backed loans.
This refers to loans backed by the US Department of Agriculture (USDA), the US Department of Veterans Affairs (VA), the Federal Housing Administration (FHA), or Freddie Mac or Frannie Mae.
If your loan is through the FHA, there will be a 13-digit HUD case number on the upper right-hand corner of your mortgage statement. (HUD stands for US Department of Housing and Urban Development, which oversees the FHA.)
If you don’t have an FHA loan but believe your mortgage is backed by another agency, see below:
For more help to find out who owns your mortgage, head to the Consumer Finance Protection Bureau. Since anything to do with mortgages can be stressful, take a moment to pause for a deep breath whenever you’re feeling overwhelmed.
If you have an FHA loan and are struggling to pay your mortgage, check out our post on FHA COVID-19 forbearance.
Thinking of refinancing your loan? here’s what to consider regarding refinancing during COVID-19.