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

The Kuling Group

905 Broadway Street
Longview, Washington 98632
PHONE: 360-423-1800
FAX: 360-636-1200
EMAIL: kkuling@kulinggroup.com
Sierra Pacific Mortgage Company, Inc ~ The Kuling Group (NMLS #1788)
(www.nmlsconsumeraccess.org) Equal Housing Lender.