Second mortgage debt consolidation is a common practice these days. Maybe people have taken out too many credit cards with high interest and credit limits. Before they know it they owe thousands of dollars in principle and worse are being charged hundreds of dollars every month in interest.
To get out of this never ending cycle of debt many people choose second mortgage debt consolidation. To do this a lender like First and Second Mortgages will review the value of your home against whatever the size of the first mortgage is, plus any other additional loans which have been taken out using the house or property as security. We can then quickly extend a second mortgage on the house and get you cash to pay off those credit cards. We’re not concerned with how many credit cards you need to pay off, how much money you owe, or even what your credit history has been like in paying them in the past. If you have property with equity in it and want to save money through second mortgage debt consolidation then we can help you.
Our second mortgage debt consolidation rates are much lower than most credit card interest rates. You’ll save thousands of dollars in the long term by getting rid of those credit cards and consolidating your bills into one, lower second mortgage payment. Plus with the extra cash you’ll have available every month you be better able to save up for large or emergency purchases instead of having to put those charges on your credit cards. A second mortgage debt consolidation can be a financial life saver.
Find out more about First and Second Mortgages debt consolidation by calling us today at (403) 543-0927, (780) 428-1222 or 1-866-405-1228. You can also you the contact form to the right to get your no obligation consultation.