To qualify for any of the protections under the CARES Act, your mortgage loan must be federally backed. Federally backed means that the mortgage is insured, guaranteed, owned, or otherwise backed or funded by one of the federal agencies or Fannie Mae or Freddie Mac. Approximately 75% of all mortgage loans in the United States are federally backed, so there is good chance your mortgage loan is eligible. Use the links below to help find out if your mortgage loan is federally backed: