Debt Consolidation & Credit Building in Denver

Debt Consolidation & Credit Building in Denver

One of the most sought-after services that we offer at US Mortgages is the ability for our borrowers to consolidate their debt and build their credit simultaneously, all while paying a lower rate than they previously were! Not sure if you qualify because of credit? We are able to provide this service to a wide range of customers with varying financial situations. How are we able to offer this? Learn more about the Debt Consolidation and Credit Building we offer in Denver by reading further.

How does Debt Consolidation help borrowers?

When it comes to finances, we believe that simplicity is a good thing. Making multiple payments, to multiple companies, every month is the opposite of simple. Debt Consolidation can add clarity to a murky financial situation, by consolidating your complicated debts into one easy payment. And when you chose US Mortgages as your lending partner, you'll know you're getting the best possible deal, because we will never advise a loan that doesn't benefit the borrower's current finances.

With the Debt Consolidation service offered by US Mortgages, borrowers take control of their financial situations. Rather than paying high interest rates to many different companies, you can leverage the equity in your home through refinancing. Through a Cash-Out Refinance loan, borrowers can pay off their high interest credit cards and other high interest bills. Then, there's only one payment for borrowers to deal with per month and it's a lower rate than what they were paying before.

When is Debt Consolidation a good idea?

Denver Homeowners who have an amount of equity built up in their home can qualify for debt consolidation refinancing. It can also be a good idea if you plan to stay in your home for many years and if interest rates are lower now than when you first got your home loan.

We'll work with you to create a specific plan to take you out of debt, tailored to your unique financial situation. We understand that every client is different. Whether your credit is flawless, or so-so, there is a debt-resolution plan for you.

Say goodbye to confusing payments at inflated interest rates. Contact US Mortgages in Denver to learn how to consolidate debt and how it can help you build your credit.

Pre-Qualify In Minutes, With No Impact To Your Credit Score

With just some basic information, you are on your way to your new Home. In most cases, our agents will call you in a few minutes to get things started. In some rare events it could be up to 24 hours. We always try to call between 8am and 5pm MST, so we don’t disturb you after hours. If you would prefer we did call outside those ours, please just add in a note and we will be happy to oblige.

Why should I get pre approved for my home loan or refinancing?

Home loan pre approval in Denver simplifies the loan process. Preapproval allows a lender to see a full 360 degree view of the borrower's financial situation, enabling us to advise borrowers on all home loan considerations. This helps us identify which loan we offer is the best fit for the borrower. Prequalification allows borrowers to pursue the loan that's best for them and their financial situation.

How can I get ready for home loan prequalification in Denver?

Excellent question! A great place to start is by understanding what lenders look at. For the most part, lenders look at 4 things. The first is your FICO credit score which includes your payment history, credit utilization and the length of your credit history. The second is your income with respect to your monthly housing costs. The third is the number of current loans you have and their status. The fourth and final thing lenders consider is the percentage of the cost of the home you're looking to purchase that you can put as a down payment. Get ready for prequalification by understanding your status in these areas and identifying what you can do to improve them before buying a home.

About US Mortgages

US Mortgages has been securing mortgage pre approval in Denver for over 20 years. Let us know how to reach out to you, or give us a call today.

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Pre-qualification means one of our mortgage specialists will contact you. This does not represent an offer to enter into a loan agreement. Loans subject to credit and property approval. Normal credit qualifications and other terms and conditions apply. Not all loan products or terms are available in all states.