Low Income Archives - Your Equity

14 Dec, 2018

Jeff Di Lorenzo Alternative Mortgage,Home Equity Loan

12 “Can You Get A Home Equity Loan” Questions

A bad credit home equity loan will however help you improve your credit score by paying down your outstanding debt to zero. It will also significantly improve your cash flow. Credit cards and other loans are usually amortized reflecting in a higher payment. Typically, home equity loan payments are interest only giving you a lower payment and better cash flow.

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16 Apr, 2018

Jeff Di Lorenzo Alternative Mortgage

Private 2nd Mortgage Coquitlam BC

Client needed funds to do some debt consolidation and home renovations with the intent to sell in just over a year. Clients credit was great but the income was very low and not enough to sustain conventional debt service requirements with a bank. They now have the funds they need to renovate their home and consolidate debt as well as assist them with payments over the term of the mortgage.

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