Bella Mertz

The 2020 Coronavirus, Aid, Relief, and Economic Security (CARES) Act required lenders holding federally backed single-family mortgages to stop payments from borrowers for a maximum of 360 days in the event that the coronavirus outbreak caused them to become financially vulnerable. Similar but shorter forbearance of 90 days was available to owners of multifamily units … Read more

The Short Answer: Maybe. While true “no-income verification” mortgages are rare you may still qualify for a refinance based on alternative methods of evaluating your creditworthiness, such as credit scores, bank statements, home equity and available assets. The Long Answer: In today’s economic climate, many individuals are facing financial challenges including job loss reduced income, … Read more

We are an independent, advertising-supported comparison service. Our objective is to empower you to make confident financial decisions by giving you access to interactive tools and financial calculators, publishing original and unbiased content, and allowing you to conduct free research and information comparisons. Although we cannot guarantee that the information in our articles, interactive tools, … Read more

In a Nutshell: A fair credit score is typically in the middle of the range, not very high nor very low. You might have trouble getting approved for some credit cards or loans with advantageous terms and rates if your credit score is only fair. You can improve your credit by learning how to read … Read more

Question: Which debt would be better to prioritize paying off first, if I had some extra cash to allocate responsibly toward paying it off? My mortgage or my car loan? We tend to carry a lot of them in our society. As per a 2017 report by GoBankingRates, the primary three types of debt that … Read more

In a Nutshell When you check your credit, you may see multiple credit scores from different credit bureaus. A minor difference between scores might not concern you. However, a significant variance could make you wonder why there is a difference and if one score is more important than the other. Here’s what you need to … Read more

Determining who owns a home in New York is not always easy. The majority of people are not familiar with the various forms of ownership or how the deed and mortgage interact. At the Moshes Law Firm we commonly see and help remedy the following situations: 1. Two spouses on the deed, but only one … Read more

Yes, you can pay off your parents’ mortgage. In fact, you can pay off anyone’s mortgage, as long as you have the necessary information and are willing to deal with the potential tax implications. Here’s what you need to know: How to Pay Off Someone Else’s Mortgage There are a few different ways to pay … Read more

Fact Checked Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. Choosing the right credit card can feel overwhelming, especially when faced with two seemingly similar options like the Capital One Platinum and Quicksilver cards Both offer valuable features, but understanding their unique … Read more

Fact Checked Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. Saving vs. paying down debt—it’s a balancing act that many of us face. But how do you strike that balance in your particular circumstances? The answer largely relies on how much high-interest … Read more