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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

Coast Funding Group, Inc (NMLS# 164623) | Phone: 714-998-3555 | Fax: 714-998-3111
22885 Savi Ranch Parkway, Suite B, Yorba Linda, California 92887
Coast Funding Group, Inc is licensed by the California Bureau of Real Estate (License #01814225).