A Pocket Guide to Protecting Your Credit During Coronavirus
Your credit plays a key role in financial opportunities, today and in the future. Understandably, the current pandemic environment is making it more challenging. But still, there are actions you can take to protect your credit.
Here are tips that the Consumer Financial...
Can I Still Get A Mortgage If I Lost My Income Due to COVID-19?
Unfortunately, our unemployment rate has risen significantly these past weeks, and it appears that it may continue this trend a bit longer before it starts to de-escalate. What does that mean for home buying hopefuls? How does losing your job affect your ability to get approved for a...
Alternatives To Forbearance for Paying Your Mortgage
In our last post, we shared details about the CARES ACT --the new government law that helps to ease the burden of mortgage payments during the Coronavirus. If you missed that post, search our archives to learn more about who qualifies. Although there are many benefits to the CARES ACT,...
What To Do If You Can't Pay Your Mortgage During the Coronavirus Crisis
The CARES Act eases the financial burden on homeowners with government-backed loans. Homeowners with these loans and have lost income due to the COVID-19 can suspend mortgage payments for up to 12 months. This law also pauses foreclosures, foreclosure-related evictions, and changes...