USDA Rural Housing
USDA Rural Housing Service does not require a lump sum payment at the end of the forbearance.
If you can resume making regular payments your servicer or lender should either offer an affordable repayment plan or a term extension to defer any missed payments to the end of the loan. If you are unable to resume making regular payments, your servicer or lender should evaluate you for all available loss mitigation options.
Upon completion of the forbearance, the lender shall communicate with the borrower and determine if the borrower is able to resume making regular contractual payments. If so, the lender shall offer the borrower a written re-payment plan to resolve any amount due or, at the borrower’s request, extend the loan term for a period that is at least the length of the forbearance.
Visit USDA Rural Development’s coronavirus website for more information on forbearance for USDA guaranteed loans.