Refinancing your mortgage is a great way to take utilize your home’s equity, to take advantage of lower interest rates, consolidate debt, and save money. But it can also cost you money if you do it in the wrong way or with the wrong lender! Before you refinance, it is always best to meet with an independent Mortgage Professional like myself, to make sure you are getting the right product for your current and future needs.
Before you choose to refinance your Mortgage, you should know these 5 things; (more…)
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.(more…)
These suggestions can help you avoid the stress and blockades that many borrowers have faced along the route to approval.
If you don’t already know, getting pre-qualified is always the very first step that should be taken! However, even before the per-qualification, you need to make sure you have all your ducks in a row! (more…)
If you happen to be going through a separation or divorce, you need to be aware that there are mortgage products designed specifically to allow you to refinance your home in order to buyout your, soon to be ex, spouse. (more…)
Debt consolidation compiles all your debts and creditor dues into a single loan with one easy payment. This makes it easier for the borrower as it is less time consuming, less interest paid, it strengthens their credit score, and simplifies their 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 cover many types of loans, some of which could be credit card loans, medical bills, personal loans, mortgages, payday loans and more.