It’s February, and 2020 is off and running. Unfortunately, the credit card debt that many of you racked up in 2019 is lingering like a bad hangover, and it’s threatening to ruin a lot of the plans that you have for this year.
Luckily for homeowners, there’s a way out of nasty credit card debt.
A cash-out refinance is a great way to get yourself out of high-interest debt from credit cards and put yourself back on the path to financial freedom.
Luckily, the value of your home had likely never been higher, and interest rates are near all-time lows. It’s an amazing time to be a homeowner, and to put the equity in your home to work for you killing off that high-interest credit card debt.
A cash out refinance takes the equity you have built in your home and hands it back to you to use paying off higher interest credit card debt. They offer lower interest rates than home equity lines of credit (HELOC) and home equity loans.
This loan can also help you raise your credit score by paying off your credit card debt and reducing your credit utilization ratio, which is how much of your available credit that you are using.
A cash-out refinance can be the key to getting out of credit card debt and finding financial freedom, and all it takes is a 5-minute application.
Call the best mortgage lender in Colorado, Drew Brockmire’s Colorado Loan Experts Team in Denver at 303-359-6634 or visit TheTrustedMortgagePro.com to apply now. Colorado Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Colorado Loan Experts.
The Andrew Brockmire Team – Colorado Loan Experts 201 Columbine Street Suite 300 Denver, CO 80206