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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

American Freedom Funding

8141 2nd St #414
Downey, California 90241
Phone: 562-754-4954
Fax: 562-242-2227
NMLS: 348865
CA-DBO603K041

American Freedom Funding logo

Jael Yvette Muñoz

Loan Officer
Phone: 562-754-4954
Fax: 562-242-2227
NMLS: 1471057
CA-DBO1471057