Get mortgage help through the CARES act: Government-backed mortgages qualify for 180-days of loan forbearance.Whether you’re struggling right now or trying to plan long term, start with these five moves: Here’s how to get the help you need to get back on your feet and maybe even lower your interest rate in the process. If you’re in a position to do so, now might be the perfect time. The pandemic has also created opportunities for refinancing your mortgage. Both the federal government and private lenders are providing mortgage relief programs to get you through this trying time. If that applies to you, there are ways to get help. While we can get through it together, for many of us, shelter-in-place orders have led to mass layoffs and serious financial struggles. The COVID-19 Pandemic is creating unique challenges for us all.
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