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Debt
Consolidation
Second
mortgage debt
consolidation loans have been a
means by which hundreds of thousands of homeowners have been able to use
their home values to save money. By taking out a debt
consolidation loan (2nd mortgage) a borrower is able to combine the
balances of current bills and debts into one loan... and one
payment. Lenders may offer borrowers with good to excellent
credit a second mortgage loan giving the homeowner the ability to borrow
up to 125% of the value of their current property.
Generally
speaking, with a debt consolidation loan (second mortgage loan) monthly
payments are reduced and cash flow is increased. Further, since the
interest paid on a debt consolidation loan is that of a home loan, the
interest may be tax deductible.*
Click
Here to use our debt consolidation calculator to determine possible
savings.
Click
Here to Complete an Easy Second Mortgage Application
.
The
money from a debt consolidation loan can be used for any purpose-
including but not limited to
| a |
Paying
off High Interest Credit Cards |
| a |
Home
Improvements |
| a |
Tuition |
| a |
Vacations |
| a |
Luxury
Items |
| a |
And
anything else! |
| Bills |
Balance |
Payments |
Debt
Consolidation Loan |
| Credit
Card #1 |
$5850. |
$135.00 |
-0- |
| Credit
Card #2 |
$5,300. |
$157.50 |
-0- |
| Credit
Card #3 |
$5,060. |
$249.00 |
-0- |
| Credit
Card #4 |
$5,200. |
$262.50 |
-0- |
| Credit
Card #5 |
$2,600. |
$87.00 |
-0- |
| Credit
Union |
$1,790. |
$83.00 |
-0- |
| Car
Payment |
$10,090. |
$262.50 |
-0- |
|
TOTAL |
$35,890. |
$1,236.50 |
$481.20 |
Based
on a $43,000 loan over 25 years at 13% APR 15.934
On
this example, there's a savings of $755.30 per month!!!
Click
Below to Apply Now-
There's
obligation and
a
loan officer will review your information and discuss your
options with you!
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