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Reduce your debts and your mortgage
If you are looking to reduce your monthly debt payments, the option of debt and mortgage consolidation may be right for you.
Your home's equity may allow you to qualify for up to 95% of its current value. This can be applied towards debt reduction.
As a rule of thumb every dollar you refinance into a mortgage consolidation may reduce your interest costs by up to 73%. On average unsecured debt interest is about 15% and the minimum payment can run as low as interest only (the never never plan) to 3% of your outstanding balance.
By refinancing this debt, along with some common sense mortgage planning you could not only save thousands of dollars in interest, but also save tens of thousands of dollars in mortgage interest cost and also dramatically reduce what you are paying each month. If you have current unsecured debts, credit cards, lines of credit and other debt, using your homes equity can greatly reduce your interest costs and increase your monthly cash flow.
To find out more, simply fill in the form below to start the process of receiving a free, no-obligation consultation.
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