California Broker - Refinance

Debt Consolidation Loan - 888.835.0761

Debt Consolidation morgage quotes are given at the lowest rates in the nation. Call us today for a quote and you'll know within minutes if this is the right move for you...if you like what you hear you'll be able to get a full approval within an hour.

Debt Consolidation Loans are often a great solution to reducing the total monthly payments caused by having debt beyond just your mortgage. High interest credit cards, consumer loans, auto loans and so on can be combined with your home loan to create one single monthly payment that can be significantly less than the amount you are currently paying. Another type of common way of consolidating debt is by obtaining a 2nd morgage. This is a good solution if you already have a first mortgage at a rate that is below current market interest rates.

What happens specifically during a Debt Consolidation morgage is the lender places a lien on the Title of your home for the amount of cash you are borrowing. You will then make monthly payments based on an agreed-upon Rate and Term until the Debt Consolidation Morgage is paid in full (and thus the lien will be removed from your home's Title). This monthly payment will reduce your total payments and, in extreme cases, even prevent bankruptcy. It will further help with your savings because your mortgage---unlike credit cards and consumer loans---is tax deductable.