Are Reverse Mortgages Safe?

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

Deborah Mitchell (NMLS# 167618)

Phone: 770-518-6455 | Fax: 770-234-5488

Dynasty Financial Consulting, Inc. (NMLS# 166764)
Georgia Residential Mortgage Licensee # 22340
2501 Windy Hill Road, Suite 230
Marietta, Georgia 30067