High debt can be a big burden to many homeowners, especially debt carrying high interest rates such as credit cards. With a debt-consolidation mortgage, we can roll all your debt into one easy to manage, low interest payment, potentially saving you thousands!
For example, let’s say you have credit card debt of $30,000 with a monthly minimum payment of $900 (this would be the standard 3% of the balance)
If you were to consolidate this into your mortgage at an interest rate of 3.49%, your new monthly payment on this portion of the debt would be only $134.13, saving you a whopping $765.87 per month! You may even save money on your mortgage payment as well. The best thing to do is to contact me either by phone or email and I would be happy to look into your situation for you a little further to see if a debt consolidation mortgage makes sense for you.