The seventh mistake
7. Not structuring your loans and debts to your best advantage!
Sometimes a lender will require you to pay off debts to qualify for a mortgage and in other cases; you may be able to qualify without paying off the debts.
The question is:
It is important to look at your entire financial picture when you buy or refinance your home. If the interest on your debts is more than the interest you earn on your investments, you may be better off getting rid of the debts all together.
On one hand:
On the other hand:
We will help you run the numbers and compare cash flow and total costs.
It is the only way to know for sure!
Email us or Call us at 303-771-1320 or APPLY ON LINE NOW!
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