Coping with a Weather Emergency: Paying Your Mortgage

Even if your home is uninhabitable after an extreme weather event, you still have a mortgage. Contact your lender immediately to discuss your options. Your lender may allow a grace period during which it may suspend your mortgage payments.

Mortgage help from FEMA may be available if you face foreclosure proceedings.

If you have a mortgage insured by the FHA (HUD) or VA, you may have additional protections, like a forbearance on the mortgage payments or a period of suspended payments.

For more information on mortgage issues, visit Home Loans.

For more information to help you cope in the event of a weather emergency, visit Dealing with Weather Emergencies.

Blog Topics: 
Homes & Mortgages

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