Suze Orman Quotes About Mortgages

Quotes about: Mortgages

• The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.

  Suze Orman

  Car, Important, Majority

• If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.

  Suze Orman

  Retirement, Pay, Financial

• Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.

  Suze Orman

  Thinking, Years, May

• After you marry, every asset either of you acquires is jointly held. That's why you both need to be in sync on your long-term financial goals, from paying off the mortgage to putting away for retirement. Ideally, you should talk about all this before you wed. If you don't, you can end up deeply frustrated and financially spent.

  Suze Orman

  Retirement, Financial Goals, Long

  FaceBook post by Suze Orman from May 01, 2016

• If you're going to live in the house make it your goal to just pay off your mortgage.

  Suze Orman

  Goal, House, Pay

  "Suze Orman on the 'New' American Dream" by Vicki Mabrey, abcnews.go.com. March 8, 2011.

• Ignore the annual percentage rate when shopping for a mortgage.

  Suze Orman

  Shopping, Mortgage, Percentages

• Opt for a fixed-rate rather than an adjustable-rate mortgage.

  Suze Orman

  Mortgage, Fixed, Rate

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