CARES Act Mortgage Relief Options
For homeowners facing hardship due to COVID-19
31 Minnesota credit unions and banks to extend some CARES Act mortgage-relief options to customers without a federally-backed mortgage
• 90-day forbearance period for customers facing financial hardship caused by COVID-19
• Customers accessing forbearance will not be required to make a lump-sum payment at the end of forbearance plan
• No late fees or negative credit reporting for customers in a forbearance plan
More information is available by clicking here.