• Debt/Loan Consolidation, Refinancing and Restructuring Defined, Explained & Compared in One Minute

    A one minute video through which debt (loan) consolidation, refinancing and restructuring are defined, explained and compared. A lot of people think debt consolidation is the same thing as debt refinancing. Or that debt restructuring and debt refinancing are synonyms. That's definitely not the case. Loan consolidation, refinancing and restructuring sometimes have things in common but make no mistake, we're talking about completely different terms. Today, I did my best to put debt consolidation, debt refinancing as well as debt restructuring under the microscope. Please like, comment and subscribe if you've enjoyed this video. If you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeco... https://twitter.com/andreipolgar https://ro....

    published: 18 Aug 2017
  • What is REFINANCING? What does REFINANCING mean? REFINANCING meaning, definition & explanation

    What is REFINANCING? What does REFINANCING mean? REFINANCING meaning, definition & explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Refinancing may refer to the replacement of an existing debt obligation with another debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, a common form of refinancing is for a place of primary residency mortgage. If the replacement of debt occurs under financial distress, refinancing...

    published: 12 Oct 2016
  • Refinancing To Pay Off Debt, Managing Your Debt, & Using Equity To Refinance

    http://real-101.com Watch more episodes http://www.TraceyBrock.ca Tracey Brock Mortgage Broker When you own a home, it's extremely important to learn how managing your debt will allow you to live without the stress of making monthly payments. When you get into debt trouble, refinancing your mortgage to pay off debt is a step you can take. But by learning how to manage your debt, you can avoid using equity in your home to refinance debt, and save that equity for more important things. Watch this episode with Tracey Brock of Dominion Lending Centres where she explains how to refinance your mortgage to pay off debt, and how to manage your debt. For more information on mortgage financing, or if you need a mortgage broker, contact Tracey Brock of Dominion Lending Centres. http://www.TraceyB...

    published: 24 Jan 2013
  • Can I Refinance My Home To Pay Off Credit Card Debt?

    http://iwantagreathomeloan.com - Do you own a home? Do you have credit card debt you would like to pay off or consolidate? If you answered yes to both of these questions you might want to look into doing a cash-out refinance. This is a great way to consolidate your credit card debts by using the equity in your home. This is not for everyone, but is definitely something you should look into if you are trying to free up some money. In this episode, Don answers some questions that have come up in regards to paying of credit card debt and using the equity in your home to do this. Check out this video and if you have any questions, please visit us online at I Want A Great Home Loan dot Com. There you can submit your questions and get answers. We are here to help!

    published: 15 Apr 2014
  • Refinancing Home Loan for Debt Consolidation

    https://KCLau.com/refinancing-aia I spoke to Daniel who specialises in helping his clients to refinance their home loans. What are the main reasons people consider when refinancing to cash out the equity? The most common cause --- DEBT CONSOLIDATION... instead of paying 18% for credit cards and many other debts, the home loan offer the lowest interest rate of all! You can lower your commitment while enjoying lower interest rate.

    published: 12 May 2017
  • Current Liabilities Accounting (Refinancing Short Term Debt With Long Term Debt)

    Accounting for the refinancing of a current liability using long term debt or equity (after the balance sheet date & before the balance sheet is issued), when to reclassify short-term debt to long-term debt ?, Refinancing a short-term obligation on a long-term basis means either replacing it with a long-term obligation or with equity securities, or renewing, extending, or replacing it with short-term obligations for an uninterrupted period extending beyond one year (or the operating cycle, if applicable), Refinancing criteria: To exclude short-term debt from current liabilities both of the following must be met: 1-Must intend to refinance the debt on a long term basis so that it will not require use of working capital and 2-Must demonstrate an ability to refinance the debt, Short-Term debt...

    published: 17 Jan 2013
  • Cash Out Refinance for Paying Off Debt

    Cash Out Refinance for Paying Off Debt Call 866-569-8272 In this video Eric with Low VA Rates talks about how to use a VA cash out refinance loan to pay off debt. Credit card debt can add up fast, and when it does it can be overwhelming. In 2016, the average household credit card debt was $16,048. That’s not including student loan debt or even automobile debt. Eric gives some really good examples of why you should try to pay off your credit cards as soon as possible. If you are a veteran home owner you might want to consider the VA IRRRL. The VA IRRRL is fast and easy and can significantly reduce your monthly mortgage payments so that you can put more money toward paying off debt. The other option is the VA cash out refinance. With this option you can use the equity in your homes valu...

    published: 08 Mar 2017
  • Benefits of refinancing to consolidate debt

    Like many Australians you could have several debts – probably a home loan, a personal loan, and possibly even a credit card balance. Having multiple debts means juggling lots of different repayments. More importantly, you could be paying more each month than necessary. That’s because your personal loan and credit card could charge interest rates twice as high or more, than the rate you’re currently paying on your home loan. A smart way to save can be refinancing your home loan to consolidate different debts. Let’s see how it can work. We’ll say Sue has a home loan of $200,000 with a rate of 5%. She has a $15,000 personal loan costing 12% and $5,000 is owed on her credit card – attracting interest of 18%. All up, Sue pays around $1,600 in monthly repayments. Now let’s see what happe...

    published: 05 Jul 2016
  • Cash Out Refinance?

    Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular rad...

    published: 11 Nov 2014
  • Don't pay off your credit card debt by refinancing

    It is not a good idea to pay off your outstanding credit card debt by refinancing unless you have a solid plan. Otherwise, you could risk losing your home. #5 in a series "Got Debt?"

    published: 10 Jun 2014
  • How To QUICKLY Get Out Of Credit Card Debt - Using Personal Loans || SugarMamma.TV

    Credit Card Debt is the worst debt to be in. Often it is debt that we have used to buy depreciating stuff, like clothes, shoes and lifestyle habits...leaving us with not much to show for. So if you have reached a point where you have had enough with credit card debt holding you back in life and are thinking about using a personal loan to get back on top of your finances again, well I strongly recommend watching this. ALSO, PLEASE FEEL FREE TO FORWARD THIS VIDEO OR PASTE THIS VIDEO FOR ANY FAMILY OR FRIENDS TO WATCH WHO ARE DROWNING IN CREDIT CARD DEBT. xCC SugarMamma.TV is all about educating, inspiring and empowering everyday people to create financial harmony, freedom and independence in your life. Bite sized videos, with quick and easy to understand tips, that you can apply straight ...

    published: 29 Aug 2016
  • Refinance Debts to Reduce Your Payments!

    Oshawa Mortgage Brokers are ready to help you refinance high interest rate debt into one low rate payments

    published: 27 May 2010
  • How Mortgage Refinancing Is The Best Way To Consolidate Debt

    https://barriemortgagebroker.ca/mortgage-refinancing/ - Mortgage Refinancing and Debt Consolidation Loans can help get you out of a difficult financial circumstance Refinancing is really a method of undertaking a brand new loan, after repaying an old one. This is the right move to make provided you can get lower rates of interest on the new loan, which justifies such refinancing. When you are in for mortgage refinancing at lower interest rates, you get the benefit of having to make lower monthly payments, when the amortization period remains the same. Also you can continue with the same payments and reduce the duration of the mortgage, so that the home may become yours much sooner. It is actually only if interest levels have dropped that this becomes advantageous, unless you are consolid...

    published: 16 Jan 2015
  • Refinancing Your House to Consolidate Debt

    Refinancing your mortgage can save you money and help to improve your cash flow. Consolidating your outstanding debts into one place is a great way to simplify your payments and can save you hundreds of dollars in interest. Here is an example of how refinancing your mortgage and debt can work for you. In this example a homeowner has a mortgage, car loan, line of credit and outstanding credit card balances. Before consolidation: Type: Amount / Interest / Monthly Payment Mortgage: $200,000 / 5.00% / $1163.21 Car Loan: $27,000 / 8.00% / $547.46 Line of Credit: $9,500 / 9.5% / $75.21 Credit Card: $6500 / 21% / $113.75 Total: $243,000 / - / $1899.63 After refinancing current mortgage and debts into one mortgage with a rate of 3.25%: Type: Amount / Interest / Monthly Payment Mortgage:...

    published: 29 May 2012
  • Mortgage Refinance and Debt Consolidation

    Mortgage refinancing and debt consolidation are great ways to reduce your monthly payments, save money on interest, and free up money to spend on the things you need and want. Regina mortgage broker Miles Zimbaluk (http://www.saskhomebuyer.com) provides this presentation. If you're a Canadian home owner, you can apply online with Miles for mortgage refinancing at http://www.saskhomebuyer.com/apply.html.

    published: 29 Jan 2008
  • Maduro orders refinancing of external debt, makes $1 billion payment

    Venezuelan President Nicholas Maduro admitted Venezuela can no longer pay its bills, but he's promising to come up with a plan to restructure an estimated $105 billion in foreign debt. That's roughly ten-times Venezuela's foreign exchange reserves. CGTN's Stephen Gibbs reports from Caracas.

    published: 04 Nov 2017
  • Mortgage Debt Refinance vs. Payoff - www.maxhouse.com

    www.maxhouse.com Payoff mortgage debt, don't refinance mortgage debt. Refinancing mortgage debt destroys your financial life. Don't refinance mortgage debt, payoff mortgage debt with a Mortage Savings Account at www.maxhouse.com. Refinancing mortgage debt mortgage debt with a Mortage Savings Account. Refinancing moertgage debt costs homeowners hundreds of thousands of dollars. Banks and mortgage companies make big money when you refinance mortgage debt. Payoff debt including mortgage debt instead of refinancing mortgage debt. Payoff debt including mortgage debt instead of refinancing mortgage debt. Don't take 50 years to payoff mortgage. Make sure that you understand these mortgage related terms: Mortgage, mortgage debt, refinance mortgage debt, mortgage mortgage, mortgage 50 ye...

    published: 17 Jul 2008
  • The Benefits Of Refinancing To Consolidate Debt

    Consolidating your credit card, personal loan or other debts into your home loan could help you gain control and give you more time to start enjoying life!

    published: 24 Jun 2017
  • Home Loans St. Louis, Refinancing a home, Debt Consolidation, Mortgage Loan

    http://www.granny8.com Quick Facts video 3: How capacity (your ability to repay) impacts your ability qualify for a mortgage loan. How likely are you to be able to pay back your mortgage? Steady employment is the best determinant of your ability to repay. W2 wage earners are viewed as most stable from an underwriting standpoint because their income is easily documented. Overtime, commission, and self employment income are considered less stable and are more difficult to document. YES! W2's and tax returns prove steady employment Maybe Overtime, commission, self employment NO way! stated income loans (no documentation) In our current market, full income documentation in the form of W2s and/or tax returns are required whether you're self-employed or a wage earner. Stated income p...

    published: 11 Feb 2012
  • VA Cash Out Refinance to Consolidate Debt

    VA Cash Out Refinance to Consolidate Debt Call us at 855-223-0705 In this video retired major Tim Lewis talks about the benefits of the VA cash out refinance loan to consolidate dept. This debt consolidation loan option can help you get rid of those nasty interest rates. Watch the video above to learn more. Low VA Rates LLC. https://www.lowvarates.com/ Address: 384 S 400 W #100, Lindon, UT 84042 Phone: (866) 569-8272 Hours: Open today · 6AM–8PM NMLS ID# 1109426. For our complete licensing information, visit https://www.lowvarates.com/licensing. https://youtu.be/AbpEERSL4Zw

    published: 14 Apr 2017
  • Mortgage Refinance & Debt Consolidation Video | Bills.com

    http://www.bills.com/videos/ Is refinancing your mortgage the best way to pay off your credit card debt? This mortgage refinance video from Bills.com reviews the pros and cons of this option. Visit Bills.com for more personal finance advice and information. Your home is the largest asset most people will ever own. As the value of your home increases, it's tempting to tap that equity to pay off credit card debt. This can be a good idea, but it can also be dangerous to your financial future if you're not careful. Andrew Housser, co-founder and CEO of Bills.com, reviews the four primary considerations before applying for a mortgage refinance loan to consolidate debt.

    published: 03 Jan 2008
  • Home Loans St. Louis, Refinancing a home, Debt Consolidation, Mortgage Loan

    http://www.granny8.com Quick Facts video 2: How do I get approved for a mortgage loan and improve my credit score? Quick facts video 2 - How do I get approved for a mortgage loan and improve my credit score? How does my credit score impact my ability to qualify for a mortgage? Let's start with some basic information about credit. There are three major credit bureaus: Equifax, Experian, and TransUnion. The three major credit bureaus are Equifax, Experian, and TransUnion These credit bureaus document payment histories for mortgages, auto loans, personal loans, credit cards, and other consumer debt. They also track and report derogatory information such as collections, foreclosures, judgments, charge offs, liens and bankruptcies. From this compilation of debt and payment history a...

    published: 11 Feb 2012
  • How To Pay Off Student Loans?

    Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular rad...

    published: 27 Jan 2016
  • Your Guide To Debts and Refinancing

    http://debt-consolidation-solution.com/ebook.html ... "Your Guide To Debts and Refinancing" will help you learn valuable information about managing debt and increasing your wealth. Find the answers you've been looking for regarding your money and start planning for a brighter future TODAY.

    published: 06 Oct 2011
  • Wion Wallet: Demonetisation, Fortis refinancing debt and more

    published: 28 Nov 2016
  • Refinancing Current Debt

    published: 07 Nov 2014
  • Refinancing to Consolidate Debt

    published: 09 Apr 2017
  • Refinancing and consolidating debt!!!

    published: 08 Feb 2017
  • The benefits of refinancing to consolidate debt FM

    published: 02 Mar 2017
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Debt/Loan Consolidation, Refinancing and Restructuring Defined, Explained & Compared in One Minute

Debt/Loan Consolidation, Refinancing and Restructuring Defined, Explained & Compared in One Minute

  • Order:
  • Duration: 1:54
  • Updated: 18 Aug 2017
  • views: 547
videos
A one minute video through which debt (loan) consolidation, refinancing and restructuring are defined, explained and compared. A lot of people think debt consolidation is the same thing as debt refinancing. Or that debt restructuring and debt refinancing are synonyms. That's definitely not the case. Loan consolidation, refinancing and restructuring sometimes have things in common but make no mistake, we're talking about completely different terms. Today, I did my best to put debt consolidation, debt refinancing as well as debt restructuring under the microscope. Please like, comment and subscribe if you've enjoyed this video. If you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeco... https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-pol... To support the channel, please visit OneMinuteEconomics.com to buy my book, donate via PayPal/Bitcoin or become a patron on Patreon.
https://wn.com/Debt_Loan_Consolidation,_Refinancing_And_Restructuring_Defined,_Explained_Compared_In_One_Minute
What is REFINANCING? What does REFINANCING mean? REFINANCING meaning, definition & explanation

What is REFINANCING? What does REFINANCING mean? REFINANCING meaning, definition & explanation

  • Order:
  • Duration: 4:15
  • Updated: 12 Oct 2016
  • views: 1786
videos
What is REFINANCING? What does REFINANCING mean? REFINANCING meaning, definition & explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Refinancing may refer to the replacement of an existing debt obligation with another debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, a common form of refinancing is for a place of primary residency mortgage. If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring. A loan (debt) might be refinanced for various reasons: 1. To take advantage of a better interest rate (a reduced monthly payment or a reduced term) 2. To consolidate other debt(s) into one loan (a potentially longer/shorter term contingent on interest rate differential and fees) 3. To reduce the monthly repayment amount (often for a longer term, contingent on interest rate differential and fees) 4. To reduce or alter risk (e.g. switching from a variable-rate to a fixed-rate loan) 5. To free up cash (often for a longer term, contingent on interest rate differential and fees) Refinancing for reasons 2, 3, and 5 are usually undertaken by borrowers who are in financial difficulty in order to reduce their monthly repayment obligations, with the penalty that they will take longer to pay off their debt. In the context of personal (as opposed to corporate) finance, refinancing multiple debts makes management of the debt easier. If high-interest debt, such as credit card debt, is consolidated into the home mortgage, the borrower is able to pay off the remaining debt at mortgage rates over a longer period. For home mortgages in the United States, there may be tax advantages available with refinancing, particularly if one does not pay Alternative Minimum Tax. Some fixed-term loans have penalty clauses ("call provisions") that are triggered by an early repayment of the loan, in part or in full, as well as "closing" fees. There will also be transaction fees on the refinancing. These fees must be calculated before embarking on a loan refinancing, as they can wipe out any savings generated through refinancing. Penalty clauses are only applicable to loans paid off prior to maturity. If a loan is paid off upon maturity it is a new financing, not a refinancing, and all terms of the prior obligation terminate when the new financing funds pay off the prior debt. If the refinanced loan has the same interest rate as previously, but a longer term, it will result in a larger total interest cost over the life of the loan, and will result in the borrower remaining in debt for many more years. Typically, a refinanced loan will have a lower interest rate. This lower rate, combined with the new, longer term remaining on the loan will lower payments. A borrower should calculate the total cost of a new loan compared to the existing loan. The new loan cost will include the closing costs, prepayment penalties (if any) and the interest paid over the life of the new loan. This should be lower than the remaining interest that will be paid on the existing loan to see if it makes financial sense to refinance. In some jurisdictions, varying by American state, refinanced mortgage loans are considered recourse debt, meaning that the borrower is liable in case of default, while un-refinanced mortgages are non-recourse debt.
https://wn.com/What_Is_Refinancing_What_Does_Refinancing_Mean_Refinancing_Meaning,_Definition_Explanation
Refinancing To Pay Off Debt, Managing Your Debt, & Using Equity To Refinance

Refinancing To Pay Off Debt, Managing Your Debt, & Using Equity To Refinance

  • Order:
  • Duration: 5:25
  • Updated: 24 Jan 2013
  • views: 2228
videos
http://real-101.com Watch more episodes http://www.TraceyBrock.ca Tracey Brock Mortgage Broker When you own a home, it's extremely important to learn how managing your debt will allow you to live without the stress of making monthly payments. When you get into debt trouble, refinancing your mortgage to pay off debt is a step you can take. But by learning how to manage your debt, you can avoid using equity in your home to refinance debt, and save that equity for more important things. Watch this episode with Tracey Brock of Dominion Lending Centres where she explains how to refinance your mortgage to pay off debt, and how to manage your debt. For more information on mortgage financing, or if you need a mortgage broker, contact Tracey Brock of Dominion Lending Centres. http://www.TraceyBrock.ca Direct: 416.788.6207 Mortage Broker M09001257 Need A Top Real Estate Agent In Ontario? Contact Joe Terceira http://www.joeterceira.com Refinancing To Pay Off Debt, Managing Your Debt, & Using Equity To Refinance https://www.youtube.com/watch?v=gqqq-dmVqhA
https://wn.com/Refinancing_To_Pay_Off_Debt,_Managing_Your_Debt,_Using_Equity_To_Refinance
Can I Refinance My Home To Pay Off Credit Card Debt?

Can I Refinance My Home To Pay Off Credit Card Debt?

  • Order:
  • Duration: 3:37
  • Updated: 15 Apr 2014
  • views: 1944
videos
http://iwantagreathomeloan.com - Do you own a home? Do you have credit card debt you would like to pay off or consolidate? If you answered yes to both of these questions you might want to look into doing a cash-out refinance. This is a great way to consolidate your credit card debts by using the equity in your home. This is not for everyone, but is definitely something you should look into if you are trying to free up some money. In this episode, Don answers some questions that have come up in regards to paying of credit card debt and using the equity in your home to do this. Check out this video and if you have any questions, please visit us online at I Want A Great Home Loan dot Com. There you can submit your questions and get answers. We are here to help!
https://wn.com/Can_I_Refinance_My_Home_To_Pay_Off_Credit_Card_Debt
Refinancing Home Loan for Debt Consolidation

Refinancing Home Loan for Debt Consolidation

  • Order:
  • Duration: 4:24
  • Updated: 12 May 2017
  • views: 942
videos
https://KCLau.com/refinancing-aia I spoke to Daniel who specialises in helping his clients to refinance their home loans. What are the main reasons people consider when refinancing to cash out the equity? The most common cause --- DEBT CONSOLIDATION... instead of paying 18% for credit cards and many other debts, the home loan offer the lowest interest rate of all! You can lower your commitment while enjoying lower interest rate.
https://wn.com/Refinancing_Home_Loan_For_Debt_Consolidation
Current Liabilities Accounting (Refinancing Short Term Debt With Long Term Debt)

Current Liabilities Accounting (Refinancing Short Term Debt With Long Term Debt)

  • Order:
  • Duration: 12:13
  • Updated: 17 Jan 2013
  • views: 6890
videos
Accounting for the refinancing of a current liability using long term debt or equity (after the balance sheet date & before the balance sheet is issued), when to reclassify short-term debt to long-term debt ?, Refinancing a short-term obligation on a long-term basis means either replacing it with a long-term obligation or with equity securities, or renewing, extending, or replacing it with short-term obligations for an uninterrupted period extending beyond one year (or the operating cycle, if applicable), Refinancing criteria: To exclude short-term debt from current liabilities both of the following must be met: 1-Must intend to refinance the debt on a long term basis so that it will not require use of working capital and 2-Must demonstrate an ability to refinance the debt, Short-Term debt paid off after balance sheet date and later replaced by Long-Term debt, how should the short term debt be classified depends on when the long term debt was issued to replace the short term debt, 1-No if it used existing current assets before long-term financing was obtained or 2-Yes if long term debt was issued before the short-term liability was paid off, Portion of short-term debt to be excluded from current liabilities may not exceed proceeds from new debt or equity securities used to retire short term debt, report both current liability portion and long term portion refinanced, detailed accounting calculations and discussion by Allen Mursau
https://wn.com/Current_Liabilities_Accounting_(Refinancing_Short_Term_Debt_With_Long_Term_Debt)
Cash Out Refinance for Paying Off Debt

Cash Out Refinance for Paying Off Debt

  • Order:
  • Duration: 9:08
  • Updated: 08 Mar 2017
  • views: 1188
videos
Cash Out Refinance for Paying Off Debt Call 866-569-8272 In this video Eric with Low VA Rates talks about how to use a VA cash out refinance loan to pay off debt. Credit card debt can add up fast, and when it does it can be overwhelming. In 2016, the average household credit card debt was $16,048. That’s not including student loan debt or even automobile debt. Eric gives some really good examples of why you should try to pay off your credit cards as soon as possible. If you are a veteran home owner you might want to consider the VA IRRRL. The VA IRRRL is fast and easy and can significantly reduce your monthly mortgage payments so that you can put more money toward paying off debt. The other option is the VA cash out refinance. With this option you can use the equity in your homes value and apply that money to paying off debt or anything else you might need it for. If you would like to discuss some of the options that were presented in this video call us now at (866) 569-8272. We are happy to answer any questions that you might have. Thank You for watching. Low VA Rates LLC. https://www.lowvarates.com/ Address: 384 S 400 W #100, Lindon, UT 84042 Phone: (866) 569-8272 Hours: Open today · 6AM–8PM NMLS #1109426. https://youtu.be/gEbJfnoD81Y Other videos you may be interested in: https://www.youtube.com/watch?v=Oone454njps&t=245s https://www.youtube.com/watch?v=j0uWfN0EXO8&t=25s https://www.youtube.com/watch?v=bter4YQ1cQQ
https://wn.com/Cash_Out_Refinance_For_Paying_Off_Debt
Benefits of refinancing to consolidate debt

Benefits of refinancing to consolidate debt

  • Order:
  • Duration: 2:01
  • Updated: 05 Jul 2016
  • views: 509
videos
Like many Australians you could have several debts – probably a home loan, a personal loan, and possibly even a credit card balance. Having multiple debts means juggling lots of different repayments. More importantly, you could be paying more each month than necessary. That’s because your personal loan and credit card could charge interest rates twice as high or more, than the rate you’re currently paying on your home loan. A smart way to save can be refinancing your home loan to consolidate different debts. Let’s see how it can work. We’ll say Sue has a home loan of $200,000 with a rate of 5%. She has a $15,000 personal loan costing 12% and $5,000 is owed on her credit card – attracting interest of 18%. All up, Sue pays around $1,600 in monthly repayments. Now let’s see what happens if Sue refinances her home loan to consolidate all these balances into one low rate loan. Instead of juggling different debts, Sue only has to manage her home loan, now worth $220,000. And instead of paying rates as high as 18%, she pays just 5%. By refinancing this way, Sue will pay a single monthly repayment of $1,286 – that’s over $300 less each month than she was previously paying. This gives Sue extra money to live on. Or she can use the extra $300 she now has available each month to pay off her home loan sooner and save more in overall interest. The potential downside would be that Sue would be paying for short term debt over a longer period. However, your local Mortgage Choice broker can work on the best plan for consolidating your debt that suits your situation. Why not talk to them today to find out more? ----------------------------------------------------------------------------------------------------------- Please see below for accompanying calculations Before consolidation: Monthly repayment on Sue’s home loan $200,000 @ 5% $1,169* Monthly repayment on Sue’s personal loan $15,000 @ 12% $ 334* Monthly repayment on Sue’s credit card $5,000 @ 18% $ 102** Total monthly repayment $1,605 After consolidation Monthly repayment on Sue’s home loan $220,000 @ 5% $1,286* Monthly repayment reduction: $319 *Made using home loan calculator on Mortgage Choice website **Made using credit card calculator at www.moneysmart.gov.au, assumes minimum monthly repayment of 2%
https://wn.com/Benefits_Of_Refinancing_To_Consolidate_Debt
Cash Out Refinance?

Cash Out Refinance?

  • Order:
  • Duration: 6:10
  • Updated: 11 Nov 2014
  • views: 26371
videos
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
https://wn.com/Cash_Out_Refinance
Don't pay off your credit card debt by refinancing

Don't pay off your credit card debt by refinancing

  • Order:
  • Duration: 1:31
  • Updated: 10 Jun 2014
  • views: 398
videos
It is not a good idea to pay off your outstanding credit card debt by refinancing unless you have a solid plan. Otherwise, you could risk losing your home. #5 in a series "Got Debt?"
https://wn.com/Don't_Pay_Off_Your_Credit_Card_Debt_By_Refinancing
How To QUICKLY Get Out Of Credit Card Debt - Using Personal Loans || SugarMamma.TV

How To QUICKLY Get Out Of Credit Card Debt - Using Personal Loans || SugarMamma.TV

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  • Duration: 12:09
  • Updated: 29 Aug 2016
  • views: 21946
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Credit Card Debt is the worst debt to be in. Often it is debt that we have used to buy depreciating stuff, like clothes, shoes and lifestyle habits...leaving us with not much to show for. So if you have reached a point where you have had enough with credit card debt holding you back in life and are thinking about using a personal loan to get back on top of your finances again, well I strongly recommend watching this. ALSO, PLEASE FEEL FREE TO FORWARD THIS VIDEO OR PASTE THIS VIDEO FOR ANY FAMILY OR FRIENDS TO WATCH WHO ARE DROWNING IN CREDIT CARD DEBT. xCC SugarMamma.TV is all about educating, inspiring and empowering everyday people to create financial harmony, freedom and independence in your life. Bite sized videos, with quick and easy to understand tips, that you can apply straight away and see the results. SugarMamma.TV is a powerful movement making money and finance more approachable, energetic and enlightening.
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Refinance Debts to Reduce Your Payments!

Refinance Debts to Reduce Your Payments!

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  • Duration: 1:54
  • Updated: 27 May 2010
  • views: 177
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Oshawa Mortgage Brokers are ready to help you refinance high interest rate debt into one low rate payments
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How Mortgage Refinancing Is The Best Way To Consolidate Debt

How Mortgage Refinancing Is The Best Way To Consolidate Debt

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  • Duration: 1:05
  • Updated: 16 Jan 2015
  • views: 39
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https://barriemortgagebroker.ca/mortgage-refinancing/ - Mortgage Refinancing and Debt Consolidation Loans can help get you out of a difficult financial circumstance Refinancing is really a method of undertaking a brand new loan, after repaying an old one. This is the right move to make provided you can get lower rates of interest on the new loan, which justifies such refinancing. When you are in for mortgage refinancing at lower interest rates, you get the benefit of having to make lower monthly payments, when the amortization period remains the same. Also you can continue with the same payments and reduce the duration of the mortgage, so that the home may become yours much sooner. It is actually only if interest levels have dropped that this becomes advantageous, unless you are consolidating higher interest debt. Also you can take a look at refinancing a mortgage, if you think you are capable of paying higher monthly amounts, as a result of an improved financial situation. It will bring you a significant decrease in interest charges. This will probably increase the monthly payments you will make, but since you are now in the position to achieve this, the reduced interest being paid can bring about an enormous saving in the total amount you have to pay for your residence overall. Credit ratings play a part within the interest rates that will be available once you search for consolidating debts through mortgage refinancing. In case you have many active credit cards, this generally has a negative effect on your credit rating. It is best to reduce the volume of cards that you have by make a request to credit card companies to close your accounts. Visa, Mastercard and store cards will show on your credit report. Even if you have a poor credit score, refinancing will still reduce the interest you pay and therefore reduce your monthly payments. Refinancing amounts available will depend on the value of your house, your income along with the status of your present mortgage. The previous loan should be paid back entirely, and also this may involve certain penalties and fees (generally three months interest plus and admin fee). The new financing will usually involve some fees also, and all of these amounts have to be taken in to consideration prior to deciding if the new financing is a practical. You will be required to endure a similar process you underwent to your original financing, but you will now have some equity within your property, and hopefully an improved income and credit score. Additionally, you may be required to have an appraisal report done on the property at your expense. Debts are a responsibility we cannot run away from. They are a situation you have got into, which is up to you to discover what you can do to honor your financial situation. When you are talking of debt consolidation loans what you really are essentially doing is combining your debts into one. Debts are secured against property, or any other tangible assets with a continuing value. Debts like charge cards and other form of personal loans are generally unsecured and will always have higher rates of interest because of this. Debt consolidation is not an end to credit problems, but can give you credit relief. It will also help to lessen interest rates on some of your various debts and this is often a positive. To understand debt consolidation loans you must be aware of your current amount of debt, their nature along with their age. Keep in mind your credit history, and whether your creditors have handed over any of the debt to collection agencies. You may get such debt consolidation even with a bad credit score scores, mainly because that you may have a residence with equity, but rates of interest can be much higher.
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Refinancing Your House to Consolidate Debt

Refinancing Your House to Consolidate Debt

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  • Duration: 2:28
  • Updated: 29 May 2012
  • views: 391
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Refinancing your mortgage can save you money and help to improve your cash flow. Consolidating your outstanding debts into one place is a great way to simplify your payments and can save you hundreds of dollars in interest. Here is an example of how refinancing your mortgage and debt can work for you. In this example a homeowner has a mortgage, car loan, line of credit and outstanding credit card balances. Before consolidation: Type: Amount / Interest / Monthly Payment Mortgage: $200,000 / 5.00% / $1163.21 Car Loan: $27,000 / 8.00% / $547.46 Line of Credit: $9,500 / 9.5% / $75.21 Credit Card: $6500 / 21% / $113.75 Total: $243,000 / - / $1899.63 After refinancing current mortgage and debts into one mortgage with a rate of 3.25%: Type: Amount / Interest / Monthly Payment Mortgage: $243,000 / 3.25% / $1181.38 Monthly Savings $718.25 Annual Savings $8619 Now lets see how much equity is available in your house. In Canada you can refinance your house up to 85% of its value. If you have a $300,000 house then 85% of this is $255,000. Looking back to our previous example the client had a mortgage of $200,000. With $200,000 subtracted from the total amount we can borrow he will have a total of $55,000 left to consolidate debt. As his debts totaled $43,000, he would therefore have enough equity to do this. *All figures are approximate and for illustration purposes only. Please see me for complete details and calculations. OAC. Andrew Thake Team Lead Mortgage Specialists Direct Team LIC #M10002605 Dominion Lending Centres - Smart Debt FSCO #12236 Address: 150 Isabella St - Suite 110 Ottawa ON K1S 1V7 Phone: 613 699 2006 Ext: 12 Fax: 866 590 8738 Email: andrew.thake@mortgagespecialistsdirect.com Facebook: www.facebook.com/OttawaMortgageMan Website: OttawaMortgageMan.com
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Mortgage Refinance and Debt Consolidation

Mortgage Refinance and Debt Consolidation

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  • Duration: 8:06
  • Updated: 29 Jan 2008
  • views: 9093
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Mortgage refinancing and debt consolidation are great ways to reduce your monthly payments, save money on interest, and free up money to spend on the things you need and want. Regina mortgage broker Miles Zimbaluk (http://www.saskhomebuyer.com) provides this presentation. If you're a Canadian home owner, you can apply online with Miles for mortgage refinancing at http://www.saskhomebuyer.com/apply.html.
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Maduro orders refinancing of external debt, makes $1 billion payment

Maduro orders refinancing of external debt, makes $1 billion payment

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  • Duration: 2:23
  • Updated: 04 Nov 2017
  • views: 373
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Venezuelan President Nicholas Maduro admitted Venezuela can no longer pay its bills, but he's promising to come up with a plan to restructure an estimated $105 billion in foreign debt. That's roughly ten-times Venezuela's foreign exchange reserves. CGTN's Stephen Gibbs reports from Caracas.
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Mortgage Debt Refinance vs. Payoff - www.maxhouse.com

Mortgage Debt Refinance vs. Payoff - www.maxhouse.com

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  • Duration: 4:09
  • Updated: 17 Jul 2008
  • views: 8028
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www.maxhouse.com Payoff mortgage debt, don't refinance mortgage debt. Refinancing mortgage debt destroys your financial life. Don't refinance mortgage debt, payoff mortgage debt with a Mortage Savings Account at www.maxhouse.com. Refinancing mortgage debt mortgage debt with a Mortage Savings Account. Refinancing moertgage debt costs homeowners hundreds of thousands of dollars. Banks and mortgage companies make big money when you refinance mortgage debt. Payoff debt including mortgage debt instead of refinancing mortgage debt. Payoff debt including mortgage debt instead of refinancing mortgage debt. Don't take 50 years to payoff mortgage. Make sure that you understand these mortgage related terms: Mortgage, mortgage debt, refinance mortgage debt, mortgage mortgage, mortgage 50 year, payoff, refinance, refinancing, debt refinance, debt refinancing, mortgage refinance, mortgage refinancing, banks, mortgage companies, pay off mortgage,
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The Benefits Of Refinancing To Consolidate Debt

The Benefits Of Refinancing To Consolidate Debt

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  • Duration: 2:04
  • Updated: 24 Jun 2017
  • views: 5
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Consolidating your credit card, personal loan or other debts into your home loan could help you gain control and give you more time to start enjoying life!
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Home Loans St. Louis, Refinancing a home, Debt Consolidation, Mortgage Loan

Home Loans St. Louis, Refinancing a home, Debt Consolidation, Mortgage Loan

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  • Duration: 2:12
  • Updated: 11 Feb 2012
  • views: 400
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http://www.granny8.com Quick Facts video 3: How capacity (your ability to repay) impacts your ability qualify for a mortgage loan. How likely are you to be able to pay back your mortgage? Steady employment is the best determinant of your ability to repay. W2 wage earners are viewed as most stable from an underwriting standpoint because their income is easily documented. Overtime, commission, and self employment income are considered less stable and are more difficult to document. YES! W2's and tax returns prove steady employment Maybe Overtime, commission, self employment NO way! stated income loans (no documentation) In our current market, full income documentation in the form of W2s and/or tax returns are required whether you're self-employed or a wage earner. Stated income programs, which don't require proof of income, are a thing of the past. What is DTI? Debt-To-Income ratio or DTI expressed as a percentage is the most important ratio to know when qualifying for a mortgage. You compute your DTI by dividing your total monthly obligations by your monthly before-tax income. Debt-To-Income Ratio or DTI = Monthly obligations / Monthly pre-tax income For example, if a borrower has a $250 auto payment, $150 in credit card payments, and a mortgage payment of $850 per month, then monthly obligations total $1,250. If your gross income is $4,000 a month then your debt to income ratio is 32%. A good rule of thumb is that you want a DTI no higher than 40%. $250 + $150 + $850 = $1250 (monthly obligations) / $4,000 Monthly Income (pre-tax) = 32% Recommended DTI is 40% or less. Another factor that impacts your ability to repay is the amount of liquid assets you have. Lenders want to see that you have enough cash reserves to cover your mortgage in "case of a rainy day". Acceptable assets for reserves include checking, savings, and retirement accounts, as well as any other liquid cash accounts. Saving for a rainy day pays off! Checking, Savings, and Retirement Accounts as well as any other liquid assets make you more likely to be able to repay your mortgage. Thanks for viewing our quick facts Capacity video, I hope you found it helpful. If you have any questions please feel free to call us, our loan officers are friendly and ready to help! Our loan officers are happy to answer any questions! So give us a call at 800-Granny-8! (A text file of this video can be found on our website)
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VA Cash Out Refinance to Consolidate Debt

VA Cash Out Refinance to Consolidate Debt

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  • Duration: 6:38
  • Updated: 14 Apr 2017
  • views: 267
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VA Cash Out Refinance to Consolidate Debt Call us at 855-223-0705 In this video retired major Tim Lewis talks about the benefits of the VA cash out refinance loan to consolidate dept. This debt consolidation loan option can help you get rid of those nasty interest rates. Watch the video above to learn more. Low VA Rates LLC. https://www.lowvarates.com/ Address: 384 S 400 W #100, Lindon, UT 84042 Phone: (866) 569-8272 Hours: Open today · 6AM–8PM NMLS ID# 1109426. For our complete licensing information, visit https://www.lowvarates.com/licensing. https://youtu.be/AbpEERSL4Zw
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Mortgage Refinance & Debt Consolidation Video | Bills.com

Mortgage Refinance & Debt Consolidation Video | Bills.com

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  • Duration: 2:20
  • Updated: 03 Jan 2008
  • views: 4880
videos
http://www.bills.com/videos/ Is refinancing your mortgage the best way to pay off your credit card debt? This mortgage refinance video from Bills.com reviews the pros and cons of this option. Visit Bills.com for more personal finance advice and information. Your home is the largest asset most people will ever own. As the value of your home increases, it's tempting to tap that equity to pay off credit card debt. This can be a good idea, but it can also be dangerous to your financial future if you're not careful. Andrew Housser, co-founder and CEO of Bills.com, reviews the four primary considerations before applying for a mortgage refinance loan to consolidate debt.
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Home Loans St. Louis, Refinancing a home, Debt Consolidation, Mortgage Loan

Home Loans St. Louis, Refinancing a home, Debt Consolidation, Mortgage Loan

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  • Duration: 2:28
  • Updated: 11 Feb 2012
  • views: 732
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http://www.granny8.com Quick Facts video 2: How do I get approved for a mortgage loan and improve my credit score? Quick facts video 2 - How do I get approved for a mortgage loan and improve my credit score? How does my credit score impact my ability to qualify for a mortgage? Let's start with some basic information about credit. There are three major credit bureaus: Equifax, Experian, and TransUnion. The three major credit bureaus are Equifax, Experian, and TransUnion These credit bureaus document payment histories for mortgages, auto loans, personal loans, credit cards, and other consumer debt. They also track and report derogatory information such as collections, foreclosures, judgments, charge offs, liens and bankruptcies. From this compilation of debt and payment history a credit score is computed. My credit history (list below) rent, utilities, mastercard, visa, student loans, OH NO!!! (list below) collections, foreclosures, judgments, bankruptcies... Credit scores range from 300 to 850 and have proven to be highly predictive of future repayment performance. Lenders therefore depend on an individual's credit score to determine the risk of a borrower defaulting on their mortgage loan. In the past a credit score of 580 was commonly used as the lowest score acceptable for obtaining a mortgage, however after the 2008 mortgage crisis this score is now considered too risky and a score of at least 640 is now typically required. Scores above 720 are considered "good" credit since they represent a low risk of default and therefore the best pricing is obtained by borrowers with the highest credit scores. 300 NO WAY! 580 Sorry - won't work today 640 Acceptable - but by improving your score - you could save! 720 WAY TO GO! That's going to save you some bucks! 850 Are you kidding? You go you little credit master! How do I improve my credit score? 1. Well - make payments on time! This may seem obvious to some, but making your payments consistently on-time over the years is the most critical component of your credit score. 2. Check your credit on a regular basis and if there are any errors have them corrected immediately. Federal law entitles you to one free credit report annually which can be ordered at freecreditscore.com 3. Keep your credit card balances to no more than 1/3 of the outstanding limit. Maxing out your available credit negatively impacts your credit score, even if you pay your bills on time. 4. Don't close that account! Keeping revolving accounts open especially over time improves your score. 1. Make Payments ON TIME!! 2. Check your credit at freecreditscore.com. 3. If your Visa limit is $15,000 don't let your balance go above $5,000. Maxing out your cards damages your credit score! 4. Don't close that account, even infrequently used accounts can improve your score. Thanks for viewing our quick facts Credit video, I hope you found it helpful. If you have any questions please feel free to call us, our loan officers are friendly and ready to help! Our loan officers are happy to answer any questions! So give us a call at 800-Granny-8! (A text file of this video can be found on our website)
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How To Pay Off Student Loans?

How To Pay Off Student Loans?

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  • Duration: 5:27
  • Updated: 27 Jan 2016
  • views: 105332
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Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
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Your Guide To Debts and Refinancing

Your Guide To Debts and Refinancing

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  • Duration: 1:05
  • Updated: 06 Oct 2011
  • views: 10
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http://debt-consolidation-solution.com/ebook.html ... "Your Guide To Debts and Refinancing" will help you learn valuable information about managing debt and increasing your wealth. Find the answers you've been looking for regarding your money and start planning for a brighter future TODAY.
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Wion Wallet: Demonetisation, Fortis refinancing debt and more

Wion Wallet: Demonetisation, Fortis refinancing debt and more

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  • Duration: 7:47
  • Updated: 28 Nov 2016
  • views: 26
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Refinancing Current Debt

Refinancing Current Debt

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  • Duration: 1:17
  • Updated: 07 Nov 2014
  • views: 27
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Refinancing to Consolidate Debt

Refinancing to Consolidate Debt

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  • Duration: 2:04
  • Updated: 09 Apr 2017
  • views: 2
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Refinancing and consolidating debt!!!

Refinancing and consolidating debt!!!

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  • Duration: 6:57
  • Updated: 08 Feb 2017
  • views: 5
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The benefits of refinancing to consolidate debt FM

The benefits of refinancing to consolidate debt FM

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  • Duration: 2:31
  • Updated: 02 Mar 2017
  • views: 13
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