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One of our amazing peers talked to a past clients who shared how his various debt payments are piling up.
• Student loans
• Credit cards
• Auto loans
• Personal loans
It all added up to $110,000 with monthly payments of $2,900.
My goal with all clients is to help you build wealth over your life, specifically with real estate and debt management.
This specific client has done very well with the equity gained on his home over the last few years.
We were able to tap into his equity with a HELOC (home equity line of credit) and take a loan of $110,000 to off all of his debt mentioned above.
This strategy LOWERED HIS MONTHLY PAYMENT TO $1,100 AND SAVED HIM $1,800 PER MONTH!
If he uses that extra savings to pay down his new debt, he will be debt-free in less than 4.5 years. Another goal I have for all of our clients is to be debt-free, including your mortgage.
Do you have a client in a similar situation? I can help!
To learn more, click the link here and schedule a time for us to talk.
https://calendly.com/lynette-arrasmith/mortgage-review
Team Arrasmith
Lynette Arrasmith | Team Lead
jill c
kevin c
leslie c
darek b
brian s
eric c
meredith k
vanessa w
cody w