How to Get True COVID-19 Relief Information

 In Qualifying for a Mortgage

Many of us are hurting because of the pandemic.  There is a lot of really bad information circulating on the Internet and on social media regarding COVID-19 relief and what kind of assistance is available from various government agencies, mortgage lenders, student loan lenders, etc.  

Here’s where to find the true information, all in one place.

The Consumer Financial Protection Bureau (CFPB) was established after the recession a decade ago.  The mission of the CFPB is:

“We aim to make consumer financial markets work for consumers, responsible providers, and the economy as a whole. We protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law. We arm people with the information, steps, and tools that they need to make smart financial decisions.”

Here is the link to the CFPB web page that tells you how to protect your finances during the pandemic:

https://www.consumerfinance.gov/coronavirus/

The site is updated daily and if you read or hear something from anyone regarding , it would be best to refer to this site to make sure the information you got from the other source is correct.  

If you have any specific questions about getting pre-approved for a mortgage, to either purchase a house or to refinance an existing mortgage, contact us, and we’ll be happy to help in any way we can.

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