Debt Consolidation

Refinance Your Mortgage and Consolidate Your Debt at the Same Time

Consider this – credit cards in the United States come with interest rates that usually vary in between 12% to 20%. Mortgage interest rates may be lower.

Most people who live in the U.S. have different kinds of debt that may come in the form of credit cards, personal loans, auto loans, student loans, home loans, and more.

If you feel burdened by making multiple payments or are paying high interest, consolidating your debt might work well for you.

Ready To Get Started?

Fill out the form below and a mortgage professional will get back to you shortly.








15 − 13 =

Benefits of Refinancing Your Mortgage to Consolidate Debt

If you choose to refinance your existing mortgage to consolidate your debt, you may benefit in more ways than one:
  • Use the “cash out” option to pay off high-interest debt such as credit cards, student loans, auto loans, and more.
  • Use the “cash out” option to renovate your home and potentially increase its value.
  • Borrow against the equity you have in your house and possibly lower your interest rate.
  • Keep track of fewer monthly payments.
  • You may qualify for tax deductions.1
  • Potentially improve your credit score.

1 Consult with your tax advisor.

Let's talk

our experts are more than willing

to guide you through the process.

Is Debt Consolidation For You?

The amount you still owe on your existing mortgage plays a role in whether you can refinance.

We understand that refinancing to consolidate your debt might seem overwhelming and confusing, which is why our experts make sure you have all the information you need to make an informed decision. In addition, our licensed mortgage loan originators are here to answer any questions you may have.

get started

First Time Homebuyer’s Guide

Considering homeownership but not sure where to begin? The Meadowbrook Financial Mortgage Bankers Corp. guide to home buying will make the process easy all in one packet.

Recent Articles

Millennial Home Buying Trends in Long Island

 27 June, 2020

According to the United States Census Bureau, millennials, those born between the early 1980s and early 2000s, now make up for the country’s largest living demographic.…

How You Can Reduce Your Home Loan Expenses

 25 May, 2020

When you take a home loan, you end up repaying significantly more than you borrow. This is because the loan attracts a tidy sum as…

Is This a Good Time to Refinance Your…

 15 April, 2020

An increasing number of homeowners across the country who have existing mortgages are thinking about going the refinancing way. The main reason behind this move…

We’re Commited

To Your Future.