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Pandemic Creates Challenges in Mortgage Loan Process

Final loan approval relies on documents and approvals from different offices, and the spread of COVID-19 has created problems – but some recent changes should help. NEW YORK (April 6, 2020) – Final loan approval relies on documents and approvals from different offices, both private and government, and the spread of COVID-19 has created problems [...]

Feds Issue Paycheck Protection Program Loan Applications

Small businesses and sole proprietors can submit applications starting Friday, and independent contractors can apply starting on April 10. Employers who maintain minimum payroll levels and employees (at least 75% of their average) are eligible for loan forgiveness. ORLANDO, Fla. – The Treasury Department released the application for the SBA 7(a) Paycheck Protection Program (PPP) [...]

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