Refinancing a home & Debt?
#1
Need to refinance to get a name off the mortgage and had a question about debt. Would it be better to pay off and close out my credit cards? Wait to pay it off until after refinancing? Leave some balance on the credit cards? Just trying to figure out what would give the best chance at refinancing? Thanks.
#2
I would call USAA or walk into any bank and ask them. They won't fault you for asking an honest question. They'll plug the numbers into their computer and give you the answer right there. At least they should.
I highly recommend Dave Ramsey Homepage - daveramsey.com or www.mytotalmoneymakeover.com for advice on financial issues.
Stallog
I highly recommend Dave Ramsey Homepage - daveramsey.com or www.mytotalmoneymakeover.com for advice on financial issues.
Stallog
#3
I highly recommend Dave Ramsey Homepage - daveramsey.com or www.mytotalmoneymakeover.com for advice on financial issues.
Stallog
Stallog
#5
New Hire
Joined: Sep 2009
Posts: 4
Likes: 0
Right! Pay off the high interest rate debt. Keep the accounts open but dont use them. You will be amazed at how the CCC will raise your limits and try to entice you to use there money. Your score will credit score will rise also.
Square away your balance sheet and now is the time to refinace. Good luck.
Square away your balance sheet and now is the time to refinace. Good luck.
#6
New Hire
Joined: Feb 2010
Posts: 7
Likes: 0
From: All fours
If you then end up with spare capital, I couldnt recommend these guys highly enough. Nussbaumer Pearce Capital - Home
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