what happens after forbearance ends 
once the forbearance period is over the borrower is usually responsible for making up the delinquent payments the lender often works with the borrower to devise a plan to catch up on the debt homeowners who received a covid forbearance for their federally backed loan cannot be required to repay missed payments in a lump sum once the forbearance ends keep in mind that this may not be the case with other lenders 7again depending on the terms negotiated with the lender the borrower may owe interest accrued during the forbearance period and possibly late fees will forbearance affect your credit rating forbearance doesn t adversely affect your credit rating however missing payments before contacting the lender and setting up the forbearance terms will most likely have a negative impact forbearance assistance offered to mortgage borrowers affected by covid 19 is reported by lenders to credit bureaus as required by the cares act however in certain situations lenders are required to report your mortgage account as current thus protecting your credit score 11will forbearance affect refinancing yes if you are in forbearance you are not allowed to refinance the specific point is that any missed mortgage payments will prevent you from being eligible for refinancing with most institutions each individual however has different circumstances and each mortgage provider has different rules it is important to check with mortgage providers what your situation would be 