Debt Consolidation Loans

One of the financial opportunities that homeowners enjoy is the ability to tap into their property's equity for funds. For most homeowners, the most popular and beneficial use of such equity cash-outs is for a debt consolidation.

Homeowners seeking to consolidate debt normally have four basic mortgage instruments available:

  1. Home Equity Loan
  2. 125% LTV Second Mortgage
  3. Home Equity Line of Credit (HELOC)
  4. Refinance

Non-homeowners can sometimes still obtain debt consolidation loans, but these loans are often for low amounts and much higher interest rates. This is unavoidable, for the simple reason that these debt consolidation loans are unsecured.

Debt Consolidation Advice

Debt Consolidation Advice

This eBook will tell you the facts about Debt Consolidation and allow you to make an educated decision if you are considering consolidating your debts.

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