Midland Mortgage Coronavirus Forbearance Information

Servicer Payment Options

Phone: 800-552-3000 | 405-426-1299

Website: mymidlandmortgage.com/coronavirus

From Servicer Website

Coronavirus Updates for Our Customers

Below we have detailed the options we’re offering customers who have trouble making their payments because of the coronavirus pandemic:

  • You can request to delay your payments for up to six months.
  • For those six months, no late fees will be charged, and delayed payments won’t be reported to credit agencies as past due. However, we encourage you to continue making your monthly payment if you can afford to.

At the end of the six months, we will help you with the next steps, which may include:

  • Extending the delayed payments past the initial six months
  • Moving the lump sum due for the missed payments to the end of the loan (or when the loan is paid off)
  • Traditional mortgage assistance options such as a repayment plan or loan modification.

If you have forbearance questions and would like to speak to a certified housing counselor, please call the Hope Hotline at 995Hope.org

CLICK HERE for 995Hope.org

Please ask questions or report your experience with this servicer below. Your feedback will help other homeowners navigate homeownership preservation options. REMEMBER: Ask for everything in writing to protect yourself against surprises.


  1. Pete Vasquez on July 26, 2020 at 2:48 am

    Can I refinance with low interest rate

    • Forbearance Report on July 26, 2020 at 4:10 am

      Hi Pete, once your mortgage is out of forbearance. There are different guidelines depending on what type of loan you’re using, but you can absolutely refinance once you’re back to work.

  2. Taylor Wilson on July 26, 2020 at 5:20 am

    How long will it take to find out if Midland Mortgage approved the delayed payment/forebearance request?

    • Forbearance Report on July 27, 2020 at 5:03 pm

      Taylor, if your mortgage is federally backed (Fannie Mae, Freddie Mac, FHA, VA or USDA) you are covered under the CARES Act, and you should be granted forbearance simply by asking for it online or with a customer service representative at your servicer.

      According to the CARES Act, you do not have to provide any proof that you are experiencing a hardship, and the forbearance must be granted up to 180 initially, with the ability to be extended an additional 180 days if you’re still experiencing financial hardship.

      If your mortgage is not federally backed, Midland Mortgage is encouraged to follow the CARES Act guidance but is not required to.

  3. Javier A Segovia on August 4, 2020 at 3:24 am

    what are the requirements you need to move the lump sum to the end of the loan

    • Forbearance Report on August 4, 2020 at 4:07 pm

      The minimum requirement would be that you have the ability to start making payments moving forward.

      Reinstatement options will depend on your ability to repay. If your mortgage is federally backed (Fannie Mae, Freddie Mac, FHA, VA, USDA), your servicer cannot require you to pay the lump sum all at once. You may also be offered a payment plan to spread out the skipped payments over the next 6-12 months.

      If your servicer did not provide you with your options at the time of forbearance, you will have to contact them to discuss what options are available to get your loan back in good standing.

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