Looking for debt consolidating?
If you need extra money to pay off your debt, consolidate your credit cards or lower your monthly
payments, Debt Consolidation is the best option for you.
You can pay off your high interest rate credit card debts with a very low interest rate mortgage
loan, which in some cases might help you thousands of dollars per month.
Simply fill out the following application form and one of our professional agents will get back to you with the best plan designed exactly for your situation.
Banks and other financial institutions
need some information about your current mortgage and other expenses
you have, to calculate how much you will be qualified for
refinancing to pay off your high ratio debts.
Refinance Up to 80% of your property
The most
easy way to get approved for refinancing is to apply for 80%
loan of
your property value and you have low monthly expenses and
of course you have a good income.
80% of your property value means having a mortgage up to 80% of
your property value for example, if you have a property which
worth $500,000 the you can get approved for $400,000 which is
($500,000 x 80%) = $400,000. The other factors like your income
and monthly expenses would be important for the lender too, but
most of the lenders feel more secure lending you up to 80% or
your property. Benefits of Appling for up to 80% of your property value are:
Easy to apply
Low interest rate
Less monthly payments
Consolidating your debts
Possible Risks:
Increasing your principal
Possibility of paying penalty on your current mortgage
Appraisal might be needed
Refinance Up to 95% of your property
If you need to borrow more than 80% of your property value
we can apply with private lenders, their interest rate would
be higher than if you apply for 80% of your property value
but it's still less than what you pay to your credit cards.
It's still a very good option to consolidate your debts. In
this scenario they still need to know your monthly expenses,
debt amount and income. The good news is we have private
lenders available to finance your property up to 95% with
lower rates than others. Benefits of Appling for up to 95% of your property value are:
Less monthly payments
Consolidating all your debts
Possible Risks:
Higher mortgage rates
Increasing your principal
Possibility of paying penalty on your current mortgage
Appraisal might be needed
Any extra charge for refinancing?
In most of the cases the answer is yes, you might need to
pay for the following items
