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Creative Financing |
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A mortgage for debt consolidation? Depending on your individual situation, it may make sense to consolidate other debts into your mortgage. Because of changes in tax laws, the interest on most consumer loans such as credit cards and car loans are no longer tax deductible. However, the interest on your mortgage is tax deductible and those rates are usually significantly lower than consumer loans. Debt consolidation can also lower your monthly cash outlay. What about creative financing? Mortgage Brokers are not tied to one source of funding. They have many investors offering hundreds of programs. Since each investor establishes his own criteria for credit, property and income, a professional Mortgage Broker can almost always match a borrower's need with a program to suit those needs. Anchor Mortgage loan consultants can provide you with a no-cost debt consolidation analysis and will use their experience and expertise to guide you through the process and help you determine the best mortgage to fit your situation.
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© 1999-2002 Anchor Mortgage. MA Brokers #MB0144 |
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Anchor Mortgage Company, Inc
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508-420-1222 |
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