Generate a Mortgage Forbearance Request Letter with This Free Tool

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act. The CARES Act includes significant sections designed to keep homeowners and renters in their homes.
Section 4022 of the CARES Act covers all residential mortgages issued, insured, or guaranteed by the federal government or agency (Fannie Mae, Freddie Mac, VA, USDA, Ginnie Mae, or other FHA). It mandates that Servicers must grant forbearance to any borrower “experiencing a financial hardship due, directly or indirectly, to the Covid-19 emergency” (emphasis added).This represents a significant relaxation from prior standards used to assess financial hardship.
Essentially, a Servicer is required to grant up to 6 months forbearance to any borrower upon request, provided that the borrower attest to direct or indirect hardship due to the Covid-19 emergency. This standard is flexible enough that a large portion of the US population could qualify, even those who are not suffering a loss of employment or large reduction in income.
The CARES Act mandates approval of up to an initial 6-month forbearance period upon request, with 12 months automatically approved upon further request.

Hello Lender Generates Free Mortgage Forbearance Request Letters

Free tool generates a letter to send your loan servicer for mortgage assistance
Simply answer a handful of questions and it does the rest
You will receive an email with the letter in Microsoft Word format
It only takes a minute to generate the letter. Just make sure you have your loan number.

See sample letter below. Click Here to go to Hello Lender's website.