- 2019 Posts

  1. Is It Time to Refinance? Here Are The Steps You Need to Take
  2. Saving For Your First Home? Here’s Everything You Need to Know
  3. Options, Options, Options
  4. A Personalized Approach
  5. Credit Confusion
  6. Building Your Dream Home
  7. Tax Time in Wisconsin
  8. Don’t Let Intimidation Get in the Way of Home Ownership
  9. Setting Financial Goals for the New Year
  10. Buying a home after bankruptcy

+ 2018 Posts

+ 2017 Posts

+ 2016 Posts

+ 2015 Posts

New Year Debt

January 04, 2017

Along with New Year’s resolutions being made, new bills often make their way to many people’s mailboxes. Holiday trips and gifts add up on credit cards, making higher balances and bills harder to pay. With holidays taking a toll on everyone's wallet, there may be some good news available to the home owner.


Cash-out refinances can be a simple easy way to consolidate some or all of your debt and provide you with a stress free New Year. Home values have been on the rise and there may be equity available for many to get a fresh start. For example, VA loans allow you to finance up to 100% of your home’s value to get cash out of your home to use to consolidate your debt. FHA loans allow you to use up to 85% of your available equity, and conventional loans up to 80%. Now may be the time to tap into the available equity in your home and pay off those nagging bills. Contact us today to find out what we can do to help you reduce or eliminate your credit card debt and even have some much needed cash at this time of year!



Ron Meyer
GSF Mortgage Corporation
300 Patriot Dr.
Little Chute, WI 54140
(920) 788-9608
NMLS #222688 & 1018