It might seem as though there’s no way out of high-interest balances and endless debt payments, but most homeowners have more options than they realize! If you own your home, you may be able to consolidate your debt and lower your monthly bills by refinancing your mortgage. Cash-out refinancing can help homeowners who want to consolidate high-interest debt. This type of refinance allows you to turn the equity you’ve built up in your home into cash that you can use to pay off high-interest debt, fund a large purchase or finance a home improvement project. Because your mortgage interest rate is likely to be lower than rates on credit cards or other types of bank loans, consolidating debt may reduce your overall monthly debt payments.
Mortgage Monkey is a Portland based mortgage lender dedicated to putting people first. I specialize in helping clients in Oregon, Washington, California & Arizona get solid secure home financing.
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3636 NE Broadway Street
Portland, OR 97232
Directors Mortgage, Inc. - Arizona Mortgage Banker License BK-0942517
Gary Boyer - Arizona Mortgage Banker License BK-0942852
Not All Applicants will qualify, Terms Subject to Change Without Notice, Not a Commitment to Lend.
The views expressed here are my personal views and do not reflect the views of my employer.