Debt in perspective

What homeowners want and what banking lenders are requiring are two different things in today's market place.

If income drops, lenders can lower borrowing limits on lines of credit or deny renewal of existing mortgages.

If you want to spend your equity, check into all terms and conditions in the lender's contract, not just the interest rate and repayment amounts.

Are these things happening.  Yes, check them out with your lender,

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Kim Gleason

Kim Gleason

Sales Associate
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