Purchase and Refinance Rate Information
A perk of having a home is the chance to get rid of your high interest debt by tapping into your home's equity to condense your debts. A debt consolidation loan can free you from a huge range of payments. You can borrow almost 125% of your home equity on a first trust deed. The interest on your mortgage might even be a tax write off, (consult your tax advisor). Qualifying for a home loan to consolidate your debt is fairly easy in most cases.
