Repair Your Credit Tips

Whatever the case may be, we use our expertise to help you get on the right track financially. Equity in the home is the amount you have accrued as you pay off your mortgage. For example, let’s say you purchased a $200,000 home years ago and have paid off $50,000 of that loan. If your home is still worth $200,000 then you have $50,000 in equity that can be borrowed and used for debt consolidation. You may even find that your home value has increased, providing you with even more equity that can be used to cut down on monthly debt payments.

Pros of Debt Consolidation to Repair Credit

By using our debt consolidation methods and refinancing your mortgage, you will be able to eliminate the high-interest rate debt and take on a lower interest rate, possibly paying hundreds or even thousands less each month than you were before. You could save money each month while increasing the amount of cash you are able to have on hand each month, getting out from under large monthly payments. You will be able to change the course of a financial situation that has gotten out of control, taking back control of your finances.

Varying Financial Situations

Every financial situation is going to be different. What may work for some may not work for others. This is why it is important to consult with our professionals at MortgageGuys.com. Our brokers have the knowledge and experience to help you explore all refinancing options to find the right solution for your debt needs as well as repair your credit along the way. By consulting with our brokers, you will be able to have your personal situation reviewed and feel the weight of debt lifted as a quality solution is provided.

Our Mortgage Process Simplified.

At MortgageGuys.com we want to provide you with a stress-free mortgage experience.

Pre Approval Consultation: Well discuss what your situation and needs are and provide the options with any pros and cons to each. From here you'll fill out an application online or in-person and upload the necessary documentation. Then you'll receive a pre-approval and budget so you can begin your search.
Make An Offer On Your Home and Gather The Necessary Information: We’ll review and gather employment letters, pay stubs, and all necessary documents to make sure there are no surprises at the end.
Select a Lender: Together we’ll review lender options and the type of loan that best suits you.
Mortgage Loan Submission Mortgage Load Approval: We are notified of the approval and we then ensure with you any outstanding conditions are met prior to funding.
Prepare Mortgage Documents: Your mortgage documents are completed and you can sign them from the comfort of your home or come in to sign.
Mortgage Funding: Your mortgage funds are then transferred by wire to your lawyer on your closing date.
Move in and love your new home – CONGRATULATIONS!

Getting a Handle on Debt

We focus on several areas of finance including helping you repair your credit. For any individual, monthly credit card payments or other bills can add up quickly and lead to missed payments. This, unfortunately, leads to a low credit score which can affect your ability to purchase a new home. Our financial experts want to help you repair your credit so you have the ability to feel financial freedom as well as purchase a new home, or perhaps refinance your existing mortgage. Whatever the case may be, we use our expertise to help you get on the right track financially. To be able to have a good credit rating, you must be able to get a handle on your current debt situation. The best way to do this is with debt consolidation. At MortgageGuys.com, we offer debt consolidation services to assist you in getting on the right track financially. With our debt consolidation programs, we take a look at your home equity and see if the equity you have in your home will be beneficial to reducing your debt and lowering your monthly payments.