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Consolidate your debt with a refinance loan to pay off your outstanding debts

 

Tired of all those monthly bills?

There is a way out. If you are a homeowner, debt consolidation may be the answer for you. A debt consolidation loan is a home equity loan that you use to pay off your outstanding debts. You can consolidate your debt for:

• monthly credit card bills
• auto payments
• student loans

• store charge cards
• and more

Debt Consolidation Benefits

A debt consolidation loan leaves you with only one monthly payment.

There are debt consolidation home loans that allow you to finance up to 80% of the value of your home. With a debt consolidation loan, you can convert your high-interest credit card and auto debts into a much lower mortgage interest rate. This may result in significant monthly savings.

A third benefit is that there is no tax benefit to the high interest rates that are common with credit cards, auto loans, student loans, and credit union loans. But, by consolidating your consumer debts, you also be able to take the real estate loan tax benefit.

Get rid of high consumer debt. Call All Cities Mortage today to get a free, no-obligation debt consolidation consultation.

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