FHA Gives Borrowers Another Solution For Mortgage Relief

National Mortgage Professional, May 6, 2020–Navi Persaud
FHA has come up with another way to help borrowers who are struggling to pay their mortgages during the COVID-19 pandemic. FHA is giving borrowers who request forbearance on their FHA-backed loan, the ability to convert missed payments into interest-free loans that will be due in full when they sell, refinance their mortgage or reach the end of their loan term.
https://nationalmortgageprofessional.com/news/74800/gives-borrowers-another-solution-mortgage-relief