There is a foreclosure moratorium in place for all federally backed mortgages – those backed by Fannie Mae, Freddie Mac, FHA, USDA, or VA – until June 30, 2021. However, borrowers may be able to avoid foreclosure if they seek help to make other arrangements, be that through their servicer directly or with the help of a housing counselor or lawyer. 
Experts urge homeowners not to wait until the forbearance period is over or the foreclosure moratorium ends. Call for a free consultation and go over all your options.