Recently, one of our mortgage broker referrers Ben introduced us to their client Joanne.
Joanne had accumulated credit card debts of $125,000.
Unfortunately, there was not enough equity available within her property to consolidate the full amount of debt. Ben was able to seek pre-approval for a refinance up to 80% of the value of Joanne’s property. We were able to settle Joannes debts for $43,000 and saved her $82,000.
Ben was able to refinance the property and pay out the settlements with the available equity.
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