Due to the COVID-19 pandemic, record numbers of people are facing lay-offs and job insecurity. In response, many of the country’s largest banks have stepped in to offer help to those who may be unable to make their mortgage payments due to the rapidly changing job market.
Banks are offering various forms of mortgage assistance programs, as well as programs for home equity loans and home equity lines of credit (HELOCs). A complete list of banks offering assistance and specific program details can be found here.