refinance mortgage

Choosing to eliminate your mortgage is a goal every home owner has.

But when is the right time?

Consider the following and know that I am not going to tell you what you should be doing or when you want to eliminate that mortgage. Here’s why. And remember, I want to see you eliminate all of your debt. But you need to be smart about how you go about it.

More on When should you eliminate your mortgage?

I was recently asked about the difference between our debt elimination program, the Financial Compass, and using a debt settlement program or a cash out refi.

We’ll first compare our program to settlement and then to the old standby method of paying down debt involving a cash out refinance for a homeowner.

More on The difference between the Financial Compass and Debt Settlement programs.