
Debt Consolidation through Mortgage Refinance is the process of consolidating your high interest unsecured debts such as store cards, credit cards and other loans into your mortgage.
This consolidation process will
increase the current amount of your mortgage by the amount of your unsecured
debts. It will also reduce the amount of your monthly repayments.
Debt Consolidation through a mortgage refinance will allow you to effectively
pay home loan interest rate on your unsecured debts.
Such a refinance is only possible if you already have sufficient equity in your
home.
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