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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

Island Home Capital, Inc.

NMLS# 42942
66-1514 W. Ko Uka Place,
Kamuela, Hawaii 96743
Toll Free: 888-926-2444
Phone: 808-326-2444
Fax: 808-885-6350

Hours: Monday - Friday 9:00AM - 5:00PM HST