Debt Consolidation Mortgages

With home value rising substantially over the past few years, more and more clients are taking advantage of low interest rates and lender refinance programs to get rid of some of their consumer debt.

Although debt consolidation is not always the best option, it's worth considering whether refinancing your home to pay off credit card debt, loans or line of credit would make sense in your circumstances. You may be surprised by the amount of money you can save.

Some of the reasons to refinance can include:

• A single (often lower) monthly payment, rather than multiple payments to multiple lenders
• Lower interest rates than consumer debt
• Money left over to invest or put aside in savings

Give us a call any time and let's discuss the possibility of refinancing to consolidate your debt. My consultations are always free and could save you hundreds or even thousands of dollars in interest.