Mortgage Help for Military Families

Military families in need of assistance with making mortgage payments just got a boost from the government. Fannie Mae recently announced it will reduce or suspend monthly mortgage payments for up to six months for families whose struggles are related to the death or injury of a service member.

Fannie Mae also will refrain from reporting the payment reductions/suspensions to credit bureaus for up to six months, minimizing credit score drops for military borrowers.

To see if your family is eligible contact your mortgage lender or call 1-877-MIL-4566.

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