If your original loan payment doesn't include amounts to pay your property taxes and/or homeowners insurance, an escrow account will be created and those amounts will be added to your monthly payment. You must make each Trial Period Plan payment in a timely manner, in the amount specified in the notice, in order to receive a permanent modification. Payments can be made online using the One-Time Payment option on this website. Your Trial Period Plan becomes effective when you make your first trial plan payment. It will be based on our estimate of what your monthly payments would be with a permanently modified loan. If you qualify, we'll send you a Trial Period Plan Notice explaining the terms and amount of your payments. The trial period lasts a minimum of three months. The purpose of the Trial Period Plan is to show that you're willing and able to make the modified monthly payments.
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