Retirement Savings Relief During the COVID-19 Pandemic
The COVID-19 pandemic shut down most of the American economy, triggering massive job layoffs, furloughs and pay cuts. In March 2020, the federal government passed the Coronavirus Aid Relief and Economic Security (CARES) Act to provide financial assistance across many areas of American life. CARES grants COVID-19 retirement savings relief by relaxing some of the […]
How Asset-Based Mortgages Help Retirees Buy a Home
Most mortgage loans are made to people who are still earning income from a job. It can be tough for retired people living on retirement savings to get approved for a mortgage. An asset-based mortgage (ABM) could be a good way to finance homeownership later in life. Mortgage qualification challenges for retirees Mortgage companies that […]