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Home Loan 101

Blog Image: Benefits to Mortgage Debt

Benefits to Mortgage Debt

In order to buy a house, most Americans take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers. Liquidity If you dump all your extra funds into paying off your mortgage, you may be in a tight spot if you face a financial emergency. Family deaths, divorce and health traumas are just a few things that can quickly rack up enormous debts. If you do not have a sizable emergency save up and you have been sinking all disposable cash into your home, you may end up selling your home to pay f...

June 5th, 2019 | Debt, Credit, Mortgage, Benefits to Mortgage Debt

Thanks for visiting www.northalabmahomeloans.com!

My name is Tracy Flesch, Vice President, Mortgage Loan Originator at National Bank of Commerce in Huntsville.In the past 5 years, I've closed more than 650 mortgage loans right here in North Alabama.  I've seen and closed just about every type of loan there is.  Purchase and refinances.  USDA, FHA, Conventional and VA.  With a large percentage of those closed loans being VA, I have vast experience in navigating through the VA loan process. Our commuity is filled with men and women who've served our Country.  There is no better mortgage loan available than a...

February 7th, 2017 | welcome, mortgage, purchase, refinance, va loans, Thanks for visiting www.northalabmahomeloans.com!