The interest rate on your mortgage is almost always the lowest rate that you will have out of any loans, lines of credit or credit cards. Consolidating your higher interest debt into your mortgage is always a good idea if your finding it difficult to get those paid off.

It is now possible to refinance your home for up to 100% of it's value, freeing up tens of thousands of dollars of tax free cash from the equity in your home.

Some of our clients have found a consolidation mortgage reduce their monthly payments by hundreds and sometimes thousands of dollars per month.  This can have a tremendous impact on their ablity to save for retirement, renovate their home or take a vacation.

Refinancing your home to consolidate your debts can help get you back on track financially.  But if you continue to accumulate balances on your credit cards, you will not save money.  It is very important to reduce your spending and stop acquiring more debt.  Your mortgage specialist can even help you with a household budget to help you stay on track.