Credit & Qualifying

What is mortgage forbearance?

Updated Jul 1, 2026

The short answer

Forbearance is an agreement with your servicer to pause or reduce your mortgage payments temporarily during a hardship, such as job loss or illness. It is not forgiveness — the missed amounts must be repaid later through options like a repayment plan, deferral, or modification. If you are struggling, contacting your servicer early gives you the most options and helps protect your credit and home.

Key points

  • A temporary pause or reduction of payments during hardship.
  • Missed amounts must eventually be repaid, not forgiven.
  • Repayment options include plans, deferral, or modification.
  • Contact your servicer early for the most options.

Acting early matters

Reaching out before you miss a payment usually opens more relief options than waiting until you are far behind. Servicers are required to work with borrowers on available loss-mitigation options.

Sources

Every claim above traces to a public government source.

  • T1What is mortgage forbearance?

    Consumer Financial Protection Bureau · Government / primary · 2024

    View
  • T1What is a mortgage servicer?

    Consumer Financial Protection Bureau · Government / primary · 2024

    View