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Posted on: July 6, 2020

Mortgage-Relief Options Available During the COVID-19 Pandemic

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Minnesota families have been hit hard by the COVID-19 pandemic. Today, Minnesota Attorney General Keith Ellison, Governor Tim Walz, and Lieutenant Governor Peggy Flanagan announced a commitment by 31 Minnesota financial institutions to provide mortgage-relief options to customers facing financial hardship caused by COVID-19 for homeowners not covered by the CARES Act.

This initiative will provide flexibility to Minnesotans who need help affording their mortgage payments during this unprecedented time.

Under this framework, participating financial institutions have agreed to offer the following relief options:
90-day forbearance period for customers facing financial hardship caused by COVID-19 (July 1st started).

Visit https://www.ag.state.mn.us/Office/Communications/2020/07/02_MortgageReliefOptions.asp for additional information. 

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