If you're struggling with your mortgage repayments due to the impact of the COVID-19 (coronavirus) most banks are now offering customers the option to defer home loan repayments for up to six months. Other assistance can include fees waived, loans restructured and further credit offered to get through the pandemic.
Check what COVID-19 mortgage relief you can get from your bank - click on your bank:
Please don't forget: While you won’t have to make any principal or interest payments for the 6 months, interest will continue to be accrued, it can then be paid off over the life of the loan once repayments begin again, or the length of the loan extended.This will be a conversation between you and your bank to determine your preference.
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