If you're finding it difficult to stay on top of your payments, but you have considerable home equity, consider consolidating your debts. Here's the plan.
Get started right away
Using a mortgage to consolidate debt requires you to have equity in your home. So the best place to start is with an application. Together, we’ll assess your equity, income, assets, and liabilities and put a plan in place to move forward.
Consider your options
If you’re looking to consolidate high-interest debts into your mortgage, how well you’ve managed your credit will determine the options you have available. Let’s walk through those options and find the right lender to work with.
Bringing it together
With the right lender in place, our goal is to make sure you know exactly where you stand at all times. Once the mortgage funds, your lawyer will receive instructions to pay out the appropriate debts to increase your cashflow.
If you’ve collected high-interest debt over the last while, but you have a sizeable amount of home equity, consider accessing your home equity through a mortgage refinance to lower your overall cost of borrowing and become debt-free sooner.
Alternative lending provides you with mortgage options that fall outside the normal banking channels. Learn more about the choices you have available to you.
Did you know that roughly 20% of credit reports have misinformation on them? Learn more about how regularly reviewing your credit report is an integral part of credit management.
Benefits of Working with an Independent Mortgage Professional
Buying a property might be easier than you think. So, if you have NO desire AT ALL to qualify for a mortgage, here are some great steps you can take to ensure you don’t accidentally buy a property.
Please connect anytime. It would be a pleasure to work with you.
There’s strength in numbers.
Confidence, too. And the confidence that comes with having the numbers on your side starts with having the right people on your side. People who speak numbers, speak your language and whose reputations speak for themselves. People who understand your goals and work with you to meet them. People like you. For trusted financial advice and service that makes you feel like you belong, please connect anytime, it would be a pleasure to work with you!