re: Help me understand the mortgage forbearance agreement

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I guess I understood it to mean that they would forgive up to three months, and then add the three months to the end of the term; not a balloon payment.

Ex. Original term was set to be paid off 6-1-20, the new paid off date would be 9-1-20.

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Nope I went through this with the 2016 flood. With the way mortgages are structured and backed by the Fed they can not tack on payments at the end the same way you can say with a car note.

Without knowing the details something about fixed interest, inflation, blah blah blah it's in all mountain of paperwork you sign when you buy a house.

If you defer for three months with a forbearance say May, June, July, then in august when it's up you owe for May, June, July, and August.

The only other option is loan modification they call it. This is basically a refinance and a new agreement. They have to come to a house do a inspection and draw you up a whole new mountain of paperwork to sign.