It’s no secret that the COVID-19 pandemic changed the way we think about how business is conducted and how our current economy is organized. Many Americans unfortunately lost their jobs or were otherwise unable to earn their normal salary — so much so that...
The year 2020 saw national mortgage rates plummet to all-time lows, mostly due to the coronavirus pandemic. This drove millions of Americans to capitalize on low borrowing costs. Illinois mortgage rates followed this trend. Even though the rates increased...
If your client is considering filing for Chapter 13 bankruptcy, they need to know every detail about that decision — the good and the bad. Here we go over how you can advise your client to steer them in the right direction as well as alternatives to try before...
One of the most common elements that traditional mortgage lenders look for in a candidate is stable income and a history of reliable employment. This begs the question: what if I’m self-employed? Being self-employed presents an interesting hurdle. Chances are...
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are...
