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Other payment assistance programs (also known as “loss mitigation”) are available after forbearance, and the types of programs available usually depend on the owner or insurer of your loan. As you near the end of your plan, we’ll work with you to determine the best program for your unique circumstances to help you repay any missed payments. ![]() A forbearance plan generally provides temporary relief by allowing you to make reduced payments, or even no payments, for the plan period, depending on your individual situation (although you can still make payments during forbearance, if you choose).
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