Now that the federal moratorium on mortgage foreclosures has ended, homeowners will have to reckon with thousands of dollars of overdue payments that were paused for more than a year. But don’t despair, there’s still a lot of help available.

President Biden announced on Tuesday a temporary halt on evictions in many parts of the country, but the initiative did not specify additional relief for homeowners who have fallen behind on mortgages because of the pandemic.

Under the Cares Act, borrowers hit hard by the pandemic and having trouble making their mortgage payments were provided with two vital types of protection.

One was a foreclosure moratorium, which ended July 31.

The second protection gave borrowers the right to ask for and receive a forbearance, which permits them to temporarily stop making mortgage payments.

The automatic approval of pandemic-related relief was key. People generally couldn’t be rejected for forbearance. While officially the relief only applied to federally owned or backed loans, many private lenders followed the government’s lead.

As pandemic-specific protections sunset, help is still available to prevent homes from going into foreclosure. Here’s what you need to know if you can’t pay your mortgage.

What to know

  • What happens now that the foreclosure moratorium has ended?
  • How much time do I have?
  • If I’m exiting a forbearance, what’s happens next?
  • What are my options for catching up on missed mortgage payments during the moratorium?
  • If I don’t have the money to pay my mortgage, why should I contact my loan servicer?
  • What should I do if my loan servicer isn’t helping me?