A forbearance plan is a contract that can help borrowers during a temporary hardship. The plan halts all, or part of, the mortgage payment. This is only for an agreed-upon duration.

While the plan is in effect:

• The interest still accrues as originally agreed to when the home loan was approved.
• You’ll receive monthly statements, but you're not required to make a payment.

Visit our Mortgage Assistance and Payment Help page for more information.