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What are some benefits to using a second mortgage loan to consolidate bills?
Wiki User
∙ 10y ago
A benefit to taking out a second mortgage loan to consolidate bills would be decreased expenses each month. The second mortgage more than likely would have a lower interest rate than the debts that are being consolidated and therefore would require a lesser amount in which the person would be required to pay out.
Wiki User
∙ 10y ago
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What are the benefits to getting a second commercial mortgage?
Some of the benefits of getting a second commercial mortgage would be lower payments, a chance to pay off bills that are backed up or due now. It can also help pay off a first mortgage or pay for home improvements.
Is there a grant to consolidate my bills?
is there a grant to consolidate my bills I will pay it back
What are the benefits of second mortgage rates?
"There are many benefits when having a second mortgage. A few are that you can get bigger loans because your house is the loan security, you also start to build up home equity, and maybe pay off some bills or use the money however you need too!"
Why si there second mortgage rates?
"Second mortgage rates are for people who already have a first mortgage out and need the money for bills. Or, sometimes if there is an emergency and they don't have the money to cover it, they will take a second mortgage out."
is there a grant that will me pay my bills and mortgage ?
is there a grant that can help me pay my bills and mortgage?
How much credit card debt do you need to consolidate your bills?
$5,000 The correct answer is $3,000
Is it necessary to have mortgage protection insurance?
Mortgage Protection Insurance is much like life insurance and can be very helpful to your loved ones when dealing with your death. It provides benefits to pay off any bills you have left behind and cover funeral expenses.
I will like to consolidate my bills is this a good idea?
yes In almost every instance it makes good financial sense to consolidate bills. You will be paying a smaller interest rate and your bills will be paid off sooner. However, once the bills are consolidated you MUST NOT INCURE ADDITIONAL DEBT. Otherwise you are just wasting your time and one the fast track to financial ruin.
Where can one find a bad credit second mortgage?
There are multiple ways for one to find a bad credit second mortgage. Make sure to contact one's local bank first and see what kind of options they have available. The company 'Bills' offers several options on their website.
Does a mortgage help your credit?
no. paying you bills on time does
Where can one get a no documentation mortgage?
You can get a no documentation mortgage from Mortgage Rates Experts, Bills, Get a Loan with Bad Credit, Hasty Cash Advance, No Doc Mortgage and other websites.
Is it better to be 60 days late on a mortgage or 30 days late on many bills?
I would say based on credit rating that getting behind on a mortgage would be worse than being late on a few other bills. A lot depends on what the other bills are, but if you can try and pay the mortgage first.
