What is A Debt Consolidation Loan

A debt consolidation loan is a loan program that combines all your pending loans into one new loan. Debt consolidation can be smart option for many borrowers. However, you need to understand what it involves before you combine your loans. Check out this blog for more information on whether debt consolidation loans are right for you: https://www.drewmortgage.com/blog/what-is-a-debt-consolidation-loan/

Comments

Post a Comment

Popular posts from this blog

Mortgage Prequalification Vs Mortgage Preapproval

Image
Many people have to go through a process of prequalification and preapproval when they are ready to buy a home. However, they often get confused between these terms. Check this blog by Drew Mortgage Associates, one of the best Massachusetts Mortgage Companies , to understand Mortgage Preapprovals Vs Mortgage Prequalifications better. Read now!  
Read more

Mortgage Fraud: Everything You Need To Know

Image
Mortgage fraud is a type of financial fraud that involves obtaining loans, mortgages, and other types of credit by lying about one's income, assets, and employment status. In this blog, Drew Mortgage Associates, mortgage lenders in Massachusetts , have explained mortgage fraud in detail and shared some tips to avoid it.
Read more

4 Types of Mortgage Loans Homebuyers Need to Know

Image
Mortgage loans are typically extended to individuals with good credit, meaning they have a high credit score and collateral to back up the loan. Mortgage loans come in four main forms and as homebuyers, you must know about them. In this blog, Drew Mortgage Associates, one of the leading mortgage companies in Massachusetts , shared the different types of mortgage loans available in the USA. Read now! 
Read more