Most homeowners have more debt than a mortgage alone. You may have high interest credit cards, car payments and consumer loans. Paying off any of these debts may be highly beneficial to you. But where do you get the money to pay off these debts? The answer to this question is through a Debt Consolidation Mortgage.

California homeowners can easily tap into their home's equity and obtain the funds necessary to pay off higher interest credit cards and consumer loans, thereby consolidating those debts into one affordable monthly payment based on a lower interest rate.

These Debt Consolidation Mortgage loans have far better terms because the loan is secured by using your home as collateral whereas Credit Cards and Consumer Loans are not secured by such a strong asset. This makes it far less risky to a lender who is in turn able to provide better terms to you.

What happens specifically during this process is the lender places a lien on the Title of your home for the amount of cash you are borrowing. You will then make monthly payments based on an agreed-upon Rate and Term until the Debt Consolidation Mortgage is paid in full (and thus the lien will be removed from your home's Title). This monthly payment will reduce your total payments and, in extreme cases, even prevent bankruptcy. It will further help with your savings because your mortgage---unlike credit cards and consumer loans---is tax deductable.

Fill out our Quick Application For a California Debt Consolidation Mortgage

You are more than welcome to skip the online process and immediately speak to one of our Debt Consolidation experts by calling us at 888-835-0761