Continually taking on consumer debt is never a good financial move. But if you find yourself with a few high-interest debts that are straining your monthly budget, it could be a smart move to refinance your mortgage and consolidate everything into one mortgage payment with a lower interest rate.

With Prime rates high for lines of credit and loans and the standard interest rates for credit cards around 20%, you could free up monthly cash flow and save money on interest long term. If you’re concerned about adding to your mortgage amount, we will make a plan to utilize pre-payment privileges or lower your amortization period to ensure you’re mortgage-free faster along with your goals.

Remember – this doesn’t make your debt go away and is not a reason to increase or keep your spending habits.