Are you a homeowner looking to consolidate your debt into One LOW Payment? You’re not alone.
Sometimes in life, we overspend! For the most part, for reasons beyond our control such as getting a new business off the ground, necessary home improvements or paying off bills or student loans.
Unfortunately due to high-interest credit card charges, your unsecured debt balance can grow over time — requiring you to repay far more than you originally borrowed — making it impossible to pay off without the help of a lower interest solution.
What if you could get a lower interest rate and pay off all that accumulated debt faster? That might sound too good to be true, but it’s the principle behind debt consolidation. By consolidating your debt, you are essentially obtaining a new lower interest loan to pay off several smaller loans, debts or bills that you are currently making payments on.
With a lower interest rate, more of your payment goes toward paying off the principal rather than the interest, helping you to save money and get out of debt faster. As a homeowner, up to 80% of the appraised property value of your home can be used for debt consolidation.
The process is quite simple. Let us know the estimated value of your home and outstanding mortgage balance, as well as how much you need.
Our trusted lending partners offer mortgage solutions to help consolidate your debt and have you come out the other end paying lower payments, all while still getting the debt paid off faster than you would have otherwise.
If you are ready for a FREE No-Obligation discussion, please contact us.
A SIDE (Based on qualifying terms)
5 Year -
Variable Rate Prime - 1.45%
Fixed High Ratio - 1.64%
Fixed Conventional - 1.94%
B SIDE (Bad credit/Low income)
1 Year or 2 Year Fixed - 2.79%
3 Year- 2.99%
First Mortgage - 4.99%
Second Mortgage - 6.99%
Third Mortgage - 9.99%
All rates are subject to change without notice. Rates and Terms must meet qualifications for each program.