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Using
Your Home Equity to Consolidate Your Debt If you are considering our debt settlement program and have home equity you may be eligible for incredible savings through equity financing. It is not always recommended to pay-off credit card debt with home equity; however, to do so in conjunction with our debt settlement program presents significant advantages.Credit card interest, fees and penalties are all on the rise: mortgage rates are at a 40 year low and the housing market has brought unprecedented gains in equity throughout the United States. Many people are shocked to find that their house is worth 15-25% more than when they had it appraised just 1-2 years ago. With equity financing you get debt free in months without the difficulty of raising the cash needed to settle your accounts in that short time frame. Instead you get an easily manageable tax deductible monthly payment incorporated into your mortgage. For instance,
if you owe 25,000 in credit card debt, your minimum monthly payment is
approximately $500.00. Depending on the interest rate, it could require
25-30 years to be debt free making the minimum payment – and none of those
payments are tax deductible. Using your equity and our debt settlement
program you could pay between $6,250 and $12,500 to settle the 25,000
in credit card debt – that represents a monthly payment of 40.00 to 80.00
if incorporated into a mortgage. More Home Equity Resources Home Mortgage Loans Online - Find the best places to apply for home mortgage financing and refinancing loans online. Real Estate in Canada -
Realestateproperty.ca is your reliable source of up-to-date US Real Estate -
Realestateground.com is a US nation-wide real estate directory US Mortgage Rates - Financeandrates.com is your doorway to finding comprehensive refinancing and real estate information. If you are considering a home or property purchase, securing a mortgage, renting an apartment or refinancing your existing mortgage, this site will connect you with a wealth of resources.
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