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 credit reporting during the health crisis. In the mortgage industry, we call “pausing […]

What to Know About a Second Home Mortgage

A second home mortgage is a big decision–and one that comes with a few more considerations than a first home mortgage. Here are a few things to keep in mind before you make the jump into owning a second home. Credit Score If you are thinking about purchasing a second home, it is important to […]