Debt consolidation is a form of debt refinancing that allows you to take out one loan to pay off many others. How does this option come into play when wanting to lower your mortgage payments? Join Bill and Spencer as they talk about the ins and outs of debt consolidation and how you can use the equity in your home to pay off your debt and lower your monthly payments.
Gaylord-Hansen's "Nobody Wants a Mortgage" podcast airs live weekly on YouTube.
Bill Gaylord, NMLS 680603 | Gaylord-Hansen Team at CrossCountry Mortgage
Spencer Dixon, NMLS 2039656 | Gaylord-Hansen Team at CrossCountry Mortgage
The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative.
Refinancing may result in higher total finance charges over the life of the loan. Amount of funds received from a cash-out refinance will be combined with mortgage principal and paid off over the loan term by the borrower.
CrossCountry Mortgage, LLC does not provide legal, investment, accounting, or tax advice. Please consult a licensed attorney, financial planner, CPA, or tax professional on the opinions and information provided.