If you have excessive debt but think you can still afford a mortgage, you may have to do a little legwork to find a willing lender. Each loan program has maximum debt ratio requirements, but that doesn’t mean lenders can’t be flexible. Keep reading to learn how to get the high DTI mortgage you need. […]
The Top Mistakes People Make When Settling Debts
If you are in over your head in debt, you have two options. You can file for bankruptcy or you can try to settle the debts. Typically, settling the debts damage your credit card the least, which is why many people choose this option. Looking for Current Mortgage Interest Rates? Click Here. If you think […]
Is it Smart to Pay off Debt Before you Buy a House?
If you have consumer debts, like credit cards or installment loans, you may think that it’s smart to pay the debt off before you buy a home. Is this the right thing to do? Looking for Current Mortgage Interest Rates? Click Here. It really depends on your situation. In some cases, a little debt will […]
When is Debt Consolidation a Wrong Move?
When you’re dealing with so much debt, it can easily get out of control. Sometimes the only way to fix these heaps of debt is to lump them all up and make one payment for it all. If you’re thinking of the same way to solve your debt dilemma, here’s a good news — there’s […]
The Modern American Dilemma: Getting Out of Debt
Do you feel overburdened with debt? While you may find comfort in the fact that you are not alone in this dilemma, it’s also a sobering reality. According to personal finance website ValuePenguin, the average American’s household debt is $5,700. For households that carry credit month to month, the addition of accruing interest rates can […]
Comparing Debt Consolidation Lenders
Feeling overwhelmed by debt is not necessary. You have options. Debt consolidation can help you feel in control again. Before you jump at the first offer given to you, learn your options. Here we will help you learn how to compare debt consolidation lenders. Most are honest, but some may not come through with what […]