Hardships from the COVID-19 pandemic continue to be felt across the economy. Currently there are well over 300,000 FHA borrowers who are at least 90-days delinquent on their mortgage and in danger of losing their home to foreclosure. To assist FHA borrowers with keeping their homes in Virginia. A COVID-19 forbearance option to delinquent borrowers has just been announced.
This relief will only be available until June 30, 2021. HUD’s website provides information on how to apply https://www.hud.gov/coronavirus/homeowners.