Many individuals, find that at least once during their lifetime, that they are smothered by
overwhelming debt. There is absolutely no reason in the world to ruin your credit, lose
your home because of foreclosure, or forced to declare bankruptcy because of outstanding debt.
By consolidating all of your bills, you will only have one payment to make each month, which
should greatly reduce the total amount of your current monthly payments; which will give you
an immediate increase in spendable income. While consolidating your bills, it is also possible
to secure cash for any worthwhile purpose... even a long overdue vacation.
Remember, that interest on personal loans (including credit cards) is no longer tax
deductible when filing your personal Federal Income Tax. When consolidating bills with a
mortgage loan, you would generally gain a tax deduction that you did not previously have.
The end result would normally mean less taxes to pay which would provide you with more
spendable income. Always check with a tax advisor concerning personal tax advantages.
Your home does "not" have to be paid for to take advantage of available equity.
If you can relate to any of the following, it might just be time to let Louisiana Mortgage Associates give
you a helping hand. We are the mortgage professionals for Louisiana and located in Lake Charles. Please let us do your next home loan.