Many homeowners have made it through the pandemic by utilizing high-interest credit cards and other financing to keep above water.
Now, many people are consolidating these debts into their lower-interest payment mortgages to reduce how much they end up paying in interest, and to make the equity in their home work for them.
Some Newfi clients are using their home equity for increasing cash on hand for a rainy-day, Others are setting aside money for income taxes, home improvements, college tuition, business purposes, or other life events.
Contact Newfi to learn how others are taking advantage of this market to drive down their monthly costs by:
- Paying off high-interest credit cards, personal loans, auto loans, and medical bills
- Reducing the interest rate or payment on their current mortgage
- Reducing or removing PMI from their mortgage
Whatever your needs may be today, Newfi has customer service reps standing by to do a simple mortgage consultation. We will discuss how to help you get the most out of your home equity.