If you own a home, this is a possible option. Consider applying for a second mortgage to consolidate you credit cards and bills. As mortgage lending laws continue to tighten, you will most likely need to display a solid work history, good income and good credit. We have affiliations with a wide range of lenders across the country.
Credit requirements.Getting a home loan requires credit and income requirements. We have lenders with programs that can assist borrowers with damaged credit. Don't be afraid to ask us.
Currently in debt management and need a mortgage. No problem. We have lenders that will allow you to refinance your home, get cash from the equity of your home, or even purchase a new home while you are in a debt management program. Don't be afraid to ask us! We are here to help.
To make a mortgage inquiry call 561-266-0062or email mortgages@livewelldebtsolutions.com
| PROS |
CONS |
| Lowering payments by using equity in your house.
|
Risk of losing your home if you can not make the payments.
|
| Limited affect on your credit score.
|
Extends payments over the term of the loan.
|
| One consolidated payment. |
|
| Lowers your interest rate. |
|
|