Hi my name is Joseph Avrus. We here at Avrus Financial are determined to provide you with the best financial consulting services so that you can decide if refinancing your debt into a mortgage is an ideal option for you.

A debt consolidation loan could be the perfect solution for people with multiple sources of debt and good home equity. Using your equity to consolidate your debt can save you money on a monthly basis for a fixed period of time. With the money you save with a debt consolidation loan, you will have the ability to pay off your debts while also reducing your mortgage payments.

Here are some opf the advantages of consolidating credit card debt into your mortgage using a debt consolidation loan:

  • When you consolidate your credit card debt into your mortgage you are able to write off all interest on your tax returns.
  • Debt consolidation loans make managing your finances much easier because you are replacing several payments each month with one payment.
  • Allows you to become debt free faster.
  • Banks and credit unions are increasing their minimum monthly payments on balances. By consolidating your debt you can take advantage of fixed monthly payments and avoid the increasing minimum balance problem all together.
  • Unlike a credit card interest payment, the interest you pay on a mortgage is tax deductible and is significantly lower.
  • After you consolidate your debt you will notice a substantial increase in your credit score when you pay your credit cards and debts down with a cash out mortgage refinance.

You can visit our website to learn more about how a debt consolidation loan can help you finances at www.avrusmortgage.com

Bank Says No! We Say Yes!
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