
Debt Consolidation
Once you get out of the promotional period, credit cards can charge interest rates near 20%. However, mortgage rates have remained consistently low for a long period of time. Take advantage of this disparity between interest rates and save money while paying off your debts with debt consolidation through Local Mortgage.
Use the equity in your home to consolidate your bills into one low, fixed payment.
How does debt consolidation work? When you choose to consolidate your debts through Local Mortgage, we'll use the equity in your home to pay off your existing mortgage and then give you options to pay off additional debts. We'll pay those debts off on your behalf at the closing table. Feel free to contact us with any questions you may have!