You own your main home. You have some outstanding credits whose accumulated monthly payments become too heavy for your budget. Broker in repurchase of credit, proposes you a repurchase of credit without mortgage and you thus avoid to mortgage your property. Do not wait, a credit redemption or credit consolidation can allow you to balance your budget again.
The conditions of this type of credit consolidation
This is to consolidate its credits: consumer credit, personal loan, revolving credit, overdraft and possibly a tail of mortgage. For this to be a consumer credit redemption, the share of the mortgage to be taken back must be less than 60% of your total purchase. The loan repurchase can reach 200 000 dollars for a maximum duration of 15 years. Of course, the debt ratio, once the restructuring is done, must comply with banking standards, ie 40% or even 45% in some cases.
This mortgage-free buyout is for homeowners and first-time homebuyers.
For tenants or tenants, the repurchase of credit can reach 100 000 dollars for a maximum duration of 12 years.
The benefits of buying back mortgage-free credit
You are almost in a situation of overindebtedness, it is difficult for you to continue this way because almost all your incomes are absorbed by the deductions of your cons credits. By choosing this formula, you opt for speed and simplicity. And most importantly, you do not go to a notary to ask for a mortgage registration on your house.
Thanks to this refinancing, you will have a loan at the best rate and especially a much lighter monthly payment.
It is always a buyback of fixed rate credit.
How to prepare your loan application?
Simply gather all of your loans and mortgages, your income and your statements of the last 3 months. You contact us by phone or apply online and we will put together a loan without a mortgage guarantee, subject to acceptance of your file. Do not wait to find a financial serenity, consolidate its credits is a quick and effective solution.
Did you apply and Make a request compare! You can consult our directory of repurchase of credit in the country.