Second Mortgage Facts you need to Know!

Do you need to use the equity in your home?

Are you looking for a convenient way to access cash for home renovations, business investment, or debt consolidation?

Then you may be considering a second mortgage.

With a second mortgage, you can borrow against the equity in your home without breaking your current mortgage, thus avoiding unwanted penalties!

But how do you know if a second mortgage is the right product for you? (more…)

Tips for Credit

Most adults have several different types of debt; Credit card, car loan, line of credit, and the biggest one, your mortgage.   There is nothing wrong with this, but we have to be careful to use these credit lines properly, to know what the product is, and whether you are getting the best product for your needs.


Why is it Important to Know About Debt Consolidation Options?

Debt consolidation refers to taking all your separate debts and creditor and putting them into a single loan.  Making it easier for borrowers because it there is only one payment, less interest paid on each dollar, strengthens credit scores, and simplifies the repayment process.  

A debt consolidation loan’s terms will depend on your credit score (the better your credit score, the better the interest rate), amount of debt, and type of loan taken.

Debt consolidation loans come in many forms and cover consolidating many types of debts.

How to Get a Debt Consolidation Loan?