San Diego, CA (PRWEB) December 11, 2014
Blue Home Loans, Inc. is a full-service California mortgage company that has been serving the homeowners and buyers of California with honesty, integrity and competence for many years. The mortgage professionals at Blue Home Loans lead by father and son, Robert and Brandon Blue, are known for their excellent customer care, low wholesale mortgage rates, and expertise in a very wide range of loan products. Now, with the New Year fast approaching, the Blue Home Loans team offers some insight that can help CA mortgage borrowers prepare for 2015.
Probably one of the biggest New Year’s resolutions that most families will have this coming year is to start reducing debt and start saving more money. This can be a lot easier said than done, especially when families are faced with high interest debt from things like credit cards or have gotten very far behind because of unforeseen circumstances, such as an accident or illness resulting in high medical expenses. However, Blue Home Loans explains that there are many ways for mortgage borrowers to save money, not just on their home loan, but on other loans and debts, as well.
One of the most obvious ways to save money on a home loan is to reduce monthly payments through refinancing. This might be a very good option for many homeowners right now since recent decreases have brought California mortgage rates down to 18 month lows. Aside from a lower monthly payment, homeowners in California may also wish to take advantage of the equity they are finally seeing on their homes, thanks to the housing market recovery. They can use this equity to take out money on their homes which can be used to pay off other high interest loans and expenses, or even to put towards education so that better employment options are available.
Another option available for families in a jam is debt consolidation. These types of loans are especially useful for those who have been sinking in credit card debt, as they allow borrowers to combine all their loans and debts into one loan, usually at a fairly lower rate and monthly payment, without fear that that their rate will get higher. These loans can also make payments seem more manageable and less confusing. Of course, the only real way to fix the credit debt problem is to learn how to manage credit properly. But for those who have been doing their part to resolve the problem, debt consolidation loans can keep credit card debt from spiraling out of control and offer the breathing space they need to pull ahead.
Blue Home Loans, Inc. can help California homeowners who want to start off the New Year on the right foot to find the best solution for their mortgage finance needs. The Blue Home Loans website states, “We make finding a loan simple because we have virtually every loan program available, regardless of the type of mortgage you are looking for. Whether you are dealing with bad credit, foreclosure, bankruptcy, or low credit scores, we can help you. It only takes us five minutes to find the right program that fits your needs."
For more information on how Blue Home Loans can help California home loan borrowers save money on their home loans, please visit BlueHomeLoans.com or call 1-888-929-BLUE (2583) to speak with an experienced mortgage professional.
California Bureau of Real Estate -- BRE #01938557 NMLS #1162386