In a Financial Hole? Stop Digging!

October 06, 2014 by Royal United

How frustrated are you that your credit card bill(s) never seem to get smaller? One of our Florida customers told us it felt like she was trying to fill in one of their famous sinkholes with air. No matter how much she shoveled her money into that financial ditch, that old money pit just kept getting bigger.

She’s not alone.

We talk to people every day – good people, smart people – who find themselves short of “living” money after they have paid their credit cards or car payment, or even their mortgage if they got one when the rates were high. There could be an easy solution to your problem.

If you are a homeowner in this situation I suggest you do two things:

  1. First, find out what interest rate(s) you are paying on each of your debts. You will be astonished.
  2. Next, call us.

Sound simple? It could be.

Refinancing your mortgage is something many of us are hesitant to do. My generation was taught that buying a home meant taking out a mortgage, make monthly payments and never think about it again until 30-years later when it was paid. That thinking is flawed.

Your house is an asset and like any asset – when used wisely – it can enhance your financial position and improve your lifestyle.

Ask yourself this question: If, by refinancing my home, there is a possibility that I can pay off my credit cards and other miscellaneous debts, and lower my total cash outflow…shouldn’t I at least check it out?

With mortgage rates still at all-time lows the difference between your current interest payments could be as much as 5, 10, 15 or 20+%. All it takes is a phone call to us to find out.

I can’t make it any easier than that.

Royal United Mortgage LLC offers a full array of lending solutions.  Home Mortgages, Refinances, Home Equity Loans or Reverse Mortgages (HECM), are all part of our financial solutions and we look forward to working with you to find the best one that will meet your short-term needs and achieve your long-term goals.

To see how simple it can be, check out our video.

Looking for more information?

Simply reach out and we can help.