For any homeowners out there with FHA financing who utilized the forbearance option during the COVID crisis/hardship, know that the FHA does not require a lump-sum payment once forbearance ends. The FHA does not want properties to become HUD owned homes, so they offer tools to help you repay your paused or reduced payments over time.
April 28, 2021
The FHA Offers Tools to Help Homeowners Coming Out of Forbearance
by Jeffrey Kaus