What should you do if you’re attempting to refinance your mortgage for debt consolidation, but there isn’t enough money to fully pay off all your bills?
You can use the funds from mortgage refinancing to settle all your debts for a reduced amount, you can look into DSCR home loan to get all the details.
This approach is ethical, legal, and can effectively resolve $78,000 in credit card debt for less than $28,000.
Don’t believe anyone who says it’s impossible. We successfully implement this strategy for our clients daily, many of whom were facing bankruptcy just four weeks before settling their debts for less.
Total Debt Freedom has developed a strong affinity for resolving debts through mortgage refinancing. We are recognized as leaders in this field in Canada. We’ve assisted mortgage brokers and homeowners in saving millions of dollars in mortgages that would have otherwise been unapproved without our intervention.
For those with substantial home equity and the ability to pay off their bills in full, debt settlement is not the best option. Secure your mortgage and pay your creditors in full to avoid further complications.
Debt settlement and mortgage refinancing are most effective in cases where you have poor credit but wish to avoid bankruptcy. For example, if you owe $50,000 in credit card debt and can only secure a $25,000 second mortgage, you might face a significant dilemma. However, with a debt settlement solution, this issue can be resolved.
Total Debt Freedom has successfully negotiated significant debt reductions thousands of times. If you can release about half of your owed amount from your home equity, we can usually settle all your debts, including our service fee.
If bill collectors are harassing you, consider how debt settlement coupled with a mortgage can resolve your issues.
