California Debt Consolidation Mortgage
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
Pay off your consumer debt with a California Consolidation mortgage loan
Anyone considering
Mortgage Net Branch
refinance should first find out your
real estate home values
visit USFreeAppraisals...
Thank you again for choosing
Ascendant Financial as your Low Rate
California Mortgage Loan brokerage of choice.
MORGAGE GLOSSARY
Amortization |
Amortization Schedule |
Annual Percentage Rate - APR |
Biweekly Mortgage |
Bridge Loan |
Cash Out |
Conforming Mortgage |
Conventional Morgage |
Debt To Income Ratio |
Direct Lender |
Discount Mortgage Broker |
Discount Points |
Good Faith Estimate |
Grace Period |
Impounds |
Interest Only |
Jumbo Morgage |
Loan To Value |
LTV |
Negative Amortization |
No Ratio |
Option Arm |
Piggyback |
PITI |
PMI |
Prepayment Penalty |
Reverse Mortgage |
Subprime |
Truth in Lending |
Wholesale Lender |
Yield Spread Premium |
YSP
California Mortgage For Debt Consolidation Will Rid You of Credit Debt