We were actually in there BEFORE I got your e-mail to ask them about it. I got home and read your email, saw that, and said well I’ll go back tomorrow. Too many near death encounters on the highway for me today.
I found some more information.
I just called my mortgage company and asked about a deferral of this months payment, because I could really use it for repairs.
I know this isn’t for all mortgage companies, but it could be a guideline for your calls.
There is no deferrement, per se.
Option 1) 2 month forebarence clause. You have until the end of month 2 to bring loan current, however you wish to do so.
Option 2) if loan is due 10/1, you don’t become deliquent until 10/30, so is possible to not make payment until then to use funds to get caught up on repairs. I get paid every two weeks, so I could flop what gets paid when and be able to use what was going to be my payment to make repairs and then pay mortgage out of next check.
It’s not a perfect option, but if you have some flexibility and your repairs are going to be less than your insurance deductible, this could be a viable alternative to getting things done.
Hope it helps a little.
RS