Take Control of Your Debt
With mortgage rates at all-time lows, why are you paying high rates on your current mortgage or other debts? Consolidate your first and second mortgage into one lower monthly payment, or consolidate your mortgage and credit cards into one lower monthly payment. By combining some of your unsecured debt into a new mortgage, you may be eligible for additional tax advantages (speak with your accountant). Your personal mortgage advisor will assist you in finding the best solution to consolidate your debt and help you save money in the long run.
Benefits of Consolidating Your Debt
- Make one monthly payment instead of multiple payments to different companies.
- Make non tax-deductible debt tax-deductible (speak with your accountant).
- Lower credit card balances to help improve your credit scores.
- Fix your interest rate to keep your monthly payment from rising.
Most Popular Loan Options
Conventional Loan
- As little as 3% down payment with excellent credit.
- Fixed rate.
USDA Rural Housing Loan
- No money down.
- The seller, your relatives or your friends may pay your closing costs.
FHA Loan
- Only 3.5% down payment.
- The seller or your relatives may pay your closing costs.
- No income thresholds.
VA Loan
- No money down.
- No monthly mortgage insurance (PMI).
- Available to eligible Veterans and active military members.
Adjustable Rate Loan
- Lower initial payment is great for home buyers planning on selling and moving after 3 to 7 years.
