Four ways homeowners can easy their financial stress during our “new normal”

Covid-19 Pandemic, the most unprecedented time of our generation. What are the four most important things you need to know right now if you’re a homeowner.

  1. Payment Deferral – Use Cash flow to pay down debt, protect your credit score, saves you money!
  2. Home Equity Line of Credit – A product that allows you to leverage the equity in your home to secure a line of credit with an interest rate lower than most other credit products. Convenient loan with a low-interest rate
  3. Reverse Mortgage – Mortgage product that lets you change the home equity and savings balance by turning your equity into cash.
  4. Consolidate Debt- Refinancing your mortgage to pay off your credit cards or loans. Combining all your payments into one.

If you have any questions, please don’t hesitate to reach out to me. Remember, we are all in this together.

Greg Horvath

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