. Some benefits will still be available through state unemployment offices, but the full amount may not be available to everyone.
For anyone looking for assistance after other benefits expire, there are several government programs to help with expenses, from food and groceries to student loan payments. Homeowners with a federally-backed mortgage, including anyone who bought their home with an FHA loan, VA loan, or another federal mortgage loan programHow to apply:
Apply for an initial forbearance through your mortgage loan servicer by the December 31, 2020 deadline Mortgage forbearance options are available through the CARES Act until December 31, 2020 for people with federally-backed mortgages. If you haven't yet requested forbearance, it could help you into next year. People who are eligible can apply until December 31, 2020 for a forbearance of up to 180 days. Contact your servicer to learn more about forbearance options and what's available to you.
With that expiring, and no end in sight of the pandemic's economic effects, freelancers and independent contractors still hurt by the pandemic might want to consider a loan through the SBA — interest rates for these loans are a set 3.75% fixed rate for businesses, and 2.75% for non-profit organizations, with no collateral required for loans under $25,000.