Deadline to Request COVID Mortgage Forbearance Is Sept. 30. Here’s How to Apply – TIME NextAdvisor

  • September 27, 2021
  • By: Greenpath Financial Wellness
  • GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years of helping people build financial health and resiliency. Our NFCC-certified counselors give you options to manage credit card debt, student loans and homeownership.

Excerpt from Time Next Advisor discusses how request a mortgage forbearance with insight from GreenPath’s Senior Vice President of Business Development, Rod McGinniss.

Read the full article 

More than 3 million homeowners are worried about their ability to make their next mortgage payment and the deadline to apply for forbearance is approaching.

COVID-Related Forbearance Options

The forbearance plans available to you will depend what type of mortgage you have. All federally-backed loans qualify for special COVID-19 forbearance, which has a streamlined application. “It’s a fairly easy process,” says Rod McGinniss, senior vice president of business development at GreenPath, a nonprofit organization and housing counseling agency within the U.S. Department of Housing and Urban Development (HUD) network. “In some cases you can do it online … [and] there’s no paperwork required if it’s an FHA, VA,

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

[/vc_column]

MY MORTGAGE FORBEARANCE IS ENDING. WHAT’S NEXT?

Learn from an online course to understand the options you may have available to you. Get suggestions for the next steps that are most aligned with your goals.

TAKE THE COURSE

[/vc_row]

We Are Here To Support You

Understanding your options starts with a conversation. Our financial counselors are available to talk. They can help you figure out a plan to manage a crisis and will walk through your whole financial picture to help you identify options that can relieve stress and make it easier to bounce back.

Request a Call with a Financial Expert

BG GreenPathIconDkBg
Greenpath Financial Wellness

GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years of helping people build financial health and resiliency. Our NFCC-certified counselors give you options to manage credit card debt, student loans and homeownership.

GreenPath is a non-profit credit counseling organization. GreenPath’s goal is to offer guidance and support to individuals seeking to manage and overcome financial challenges through education, financial counseling and debt management programs. The information provided is for educational purposes only. Consulting with a licensed financial advisor and tax advisor is recommended before making any major financial decisions. GreenPath is not a debt settlement company, credit repair company, credit repair service, nor does GreenPath provide debt consolidation loans. By using this website, you acknowledge and agree that GreenPath is not responsible for any financial decisions you make based on the information provided on this site.