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Benefits to Mortgage Debt

In order to buy a house, most Americans take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers. Liquidity If you dump all your extra funds into paying off your mortgage, you may be in a tight spot if you face a financial emergency. Family deaths, divorce and health traumas are just a few things that can quickly rack up enormous debts. If you do not have a sizable emergency save up and you have been sinking all disposable cash into your home, you may end up selling your home to pay f...

June 5th, 2019 | Debt, Credit, Mortgage, Benefits to Mortgage Debt

344 E. Dinuba Avenue, Suite B
Reedley, California 93654
Phone: 559-637-0011
Fax: 559-637-0033
Email: jeff@yourvalleylender.com
NMLS: 1850
https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1850

NMLS # 227507 - CA DRE 01214649/01215943

Licensed in the state of California

 

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