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.








× 4 = 8

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

15 Home Buying Mistakes You Should Avoid

 20 June, 2019

Buying a home is probably the biggest investment you will make. As a result, it is crucial that you know what you’re getting into at…

The Best Long Island Neighborhoods for Millennials

 14 May, 2019

From first-time home buyers to people who want to move into more spacious homes, there is something for everyone in Long Island. While easy accessibility…

Are You Better Off As a Renter or…

 20 April, 2019

It is not uncommon for people who have started families or have reached a certain age to get pressured into buying homes. While expectations can…

We’re Commited

To Your Future.