Reason # 4:   Get the cash out of the house - while you still can. The main reason people turn to borrowing is because they have little or no income. But if you ever suffer a job loss, major medical or other financial crisis, you could find yourself unable to get a home loan. That's because lenders don't like to lend money if you are already in financial difficulty. That's why you should get a big mortgage now, before you need it - and while you still can. Reason # 5:   Your mortgage becomes even cheaper over time. Depending on the loan you choose, your payment never rises - but your income likely will. That means today's mortgage payment becomes increasingly easy to pay over time!       The rules of money have changed. And nowhere is that more true than with mortgages.