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What is Cash-Out Refinancing and When is it a Good Option?

December 20, 2021 cash out refinance works, cash out refinancing, credit cards, credit score, equity in your home, equity lines of credit, higher interest rate, home equity lines, home equity loans, home loan, loan terms, lump sum, mortgage lender, mortgage loan, mortgage rate, mortgage refinance, personal loan, real estate, refinance calculator, student loans

What would you do with some extra cash in your pocket? Wipe out your credit card debt once and for all? Update your kitchen? Finally finish your basement? Pay off high-interest student loans or personal loans? Refinancing your mortgage with a cash-out refinance means you might get to check off all the boxes on your […]

What is Mortgage Forbearance and is it a Good Idea?

November 29, 2021 12 months, avoid foreclosure, cares act, consumer financial protection bureau, credit score, fannie mae and freddie, financial hardship, forbearance plan, interest rate, loan modification, long term, lump sum, monthly mortgage payments, mortgage lender, mortgage servicer, period of time, repayment plan, student loans

Have you ever gotten a bill and immediately wondered how you’ll come up with the money to pay for it? It’s a common situation, especially when you experience financial hardship or an unfortunate job loss. It’s a good rule of thumb to reach out to your creditor or lender when you have trouble making your […]

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Morty is a licensed mortgage broker. NMLS ID # 1429243. NMLS Consumer Access. All loans originated by Morty are funded by third party lenders. Morty, Inc. is authorized to do business as “Morty” in certain states. Morty is an equal housing lender.

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