Blog

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

Millennial Mortgage
(NMLS# 1211572)

5505 W Chandler Blvd # 3, Chandler, Arizona 85226
Phone: 480-426-1636 | Toll Free: 800-402-8884 | Fax: 855-883-1938

Proudly serving Arizona, California and Washington.

Millennial Mortgage, Inc. is licensed by the Arizona Department of Financial Institutions (License AZ MB 0930862), the California Department of Business Oversight (License #60DBO59183) and the Washington Department of Financial Institutions (License WA 1211572).

AFR logo  UWM