During a disaster, getting to safety is the top priority. But for many Angelenos displaced by the devastating wildfires raging across Los Angeles County, questions loom about what comes next.
The fires have destroyed thousands of structures and forced roughly 92,000 residents to evacuate. With some homes sitting empty and others reduced to rubble, here are answers you might need.
My home burned down. Do I still have to pay my mortgage?
Homeowners affected by a disaster are often eligible to reduce or suspend their mortgage payments for up to 12 months, according to Fannie Mae, the Federal National Mortgage Assn.
If your home was destroyed in a wildfire, contact your mortgage servicer as soon as possible to discuss your options. You may be qualified for a forbearance plan that will temporarily lower or eliminate your monthly payment and prevent late fees and foreclosure…