Consolidated Credit Kitchener – Expert Mortgage
Do you have debt, or multiple debts, that you are trying to consolidate or negotiate a settlement with creditors? Are you trying to get a first, second, or third mortgage, but you can’t get approved by the big banks because of you have bad credit or a low credit score? If this sounds like you, then you can surely benefit from using the professional team at Expert Mortgage. We are one of Canada’s largest mortgage brokers with access to more than 400 private and institutional lenders. We can help you obtain a mortgage tailored to your own individual circumstances. Many people think that filing for bankruptcy is a good way to rid themselves of unsecured debt, but what these people may not know is that bankruptcy can destroy their credit. Don’t pull the trigger on something that will cripple your credit score for 5 to 7 years without exploring all of your options for consolidated credit in Kitchener. Read on for more information.
Avoid claiming bankruptcy and crippling your credit.
We understand how inconvenient it can be to get approved for a mortgage when you have bad credit or no credit. Expert Mortgage specializes in assisting clients that are in the process of consolidating their debts or negotiating debt settlements with their creditors. A clearly defined disadvantage of credit counseling or claiming bankruptcy is that is can completely destroy your credit and make it next to impossible for you to recover for many years. There may be other solutions to your debt problems that will enable you to manage your debt, without destroying your credit.
Consolidated Credit in Kitchener Through Mortgage Refinancing
Homeowners have several options for managing their high-interest debt. One method is through a debt consolidation loan. As a homeowner, debt consolidation allows you to refinance your existing first mortgage with a debt consolidation mortgage. A refinance loan allows you to borrow additional money on your mortgage to pay off high-interest debt with a single monthly payment. Some refinance options allow homeowners to borrow additional money on their mortgage to consolidate unsecured debts. Under this scenario, homeowners borrow additional funds on top of their mortgage, leaving them with one simple monthly payment. These debts don’t necessarily have to become a “separate” mortgage; they can be packaged with your existing one to give you one mortgage and one monthly payment.
Schedule a call with one of our professionals at Expert Mortgage today! We can assist you with consolidating your debt in Kitchener and get you out of debt quickly. Reach us at 1-844-397-3780 or by filling out our contact form.