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Mortgages for Debt Consolidation

Use Your Home Mortgages for Debt Consolidation

Do you pay too much on your debt? Debt can become too much these days, especially if not managed correctly. At Money Solutions, we can help you with the perfect solution to your problem. The answer? A Debt Consolidation Loan! These words might scare you in the beginning, but let’s explain how this can be the answer to your debt problems.

There are a lot of Canadians that are already taking advantage of this by using mortgages for debt consolidation. Basically, what this means is, you apply to refinance your mortgage, and use the loan to pay off other high-interest debts. Debt such as credit card debt can have really high-interest rates. By refinancing some of the equity in your mortgage, you can reduce your credit debt.

This sounds easy, but it is important to know “good debt” to “bad debt”, and this is where we come in! We can assist you with a debt consolidation loan and help you turn those bad debts into good debts and get them out of the way.

The Advantages of Using Mortgages for Debt Consolidation

There are many advantages to using mortgages for debt consolidation. It is a great way to save money, allowing you to:

  • Pay a significantly lower monthly interest rate
  • Quickly eliminate credit card debt
  • Deal with fewer total monthly payments
  • Consolidate all debt into one easy-to-manage monthly payment

Can Money Solutions Inc. Help You Refinance Your Mortgage?

At MSI, our agents are licensed and independent. They can draw from all lenders who provide a variety of mortgage products. Whether your credit score is perfect, had issues, or even faced bankruptcy, our agents can help save you time and money.

Our debt consolidation specialists can help find a financial solution that will not just make paying off your debts more manageable but will also help you secure the lowest possible interest rates available.

Debt Consolidation: A Practical Tool for Refinancing

You might be feeling a little bit overwhelmed by all your monthly bills, and hiked interest rates these past few months. Well, the answer to your problems might be refinancing your mortgage. Luckily, there’s no better place to turn to for debt consolidation than MSI! Our licensed independent agents are dedicated to helping you secure the debt solution plan best designed to fit your budget and lifestyle needs.

Top Reasons for A Debt Consolidating Loan

Why would you consider refinancing your mortgage? The economy looks a bit bleak at the moment, so debt consolidation is becoming a necessity. With a debt consolidation loan you will get:

Lower Interest Rates – Consolidating your debt with a much lower interest rate means that if you don’t lower your monthly payments, you can pay down the principal much faster.

Lower Monthly Payments – Thanks to lower interest rates, your monthly payments are also lower. As a result, you get to keep more of your own money.

Ease of Bill Payment – Debt consolidation doesn’t just help you save time and money—it also helps streamline the debt repayment process.

Consolidating First and Second Mortgages

In today’s world, we get people that have lots of properties, but no money in the bank. This is one of the big reasons a lot of people consider getting a second mortgage. If you are one of those people, you came to the right place, we can help you refinance your mortgage.

If you’re looking to free up equity in your home, a home equity line of credit (HELOC) is a flexible and easy way to access funds on an ongoing basis. With a HELOC, you can get a potentially higher credit limit and lower interest rate than credit card rates. And unlike traditional mortgages, there is no penalty for paying off all or part of the loan at any time.

Private Mortgages for Debt Consolidation

Unlike large banks and other lending institutions, we at Money Solution Inc. work for you and with you. We are with you throughout the entire process. We understand your financial needs are not bound by regular banking hours. Our experienced agents will contact you within 24 hours to help with your mortgages for debt consolidation. We will get you on the fast track to getting your debt consolidation or refinancing approved.

What Do I Need For A Debt Consolidation Loan?

If you’re a homeowner and you wish to see if you qualify for a debt consolidation loan, contact us. One of our mortgage specialists will help set up an appointment for a personal consultation to review your options at your earliest convenience.

If you’d like to have a conversation about mortgages for debt consolidation, give us a call today to review your options. It’s time to beat the banks!


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