Often we are asked, what is debt consolidation? How do you “restructure” home and business finances? How do you begin if you want cash out too?
In simple terms consolidating debt is the PRUDENT process of combining multiple debts from home loans, credit cards, high-interest loans, and other higher interest rate bills, typically into one lower monthly payment or to a shorter loan term. Cash out at the same time for financial planning is also common.
Real Estate as collateral for a loan to save $$ and or pull Cash Out
* Debt consolidation solutions using CA Real Estate Equity may allow easier qualification and documentation, lower your interest rates, and improve cash flow which can help you save money on interest, your monthly payments, and help you pay down debt faster.
Many of these solutions we offer are not offered by the typical “local full service banks”. Our sources allow “Lite loan Documentation” lending, so we can use say 12 month personal bank statements, or 12 months business bank statements verse say 2 years Federal Tax returns and W2’s to help our clients qualify for a new Real Estate Loan. We are great at working with Self Employed and Credit scores over 620.
This product also often allows for both debt consolidation AND cash out, typically up to 90% + loan to value.
How do you restructure and consolidate debt? Where do I begin?
Just use our free Debt Consolidator tool below for a fast debt analysis by a licensed Independent Mortgage Expert.
* Our Free Debt Consolidator tool below has been designed to help narrow down potential loan options in the market based on your individual or LLC needs. It’s quick, it’s easy, and the more questions you answer – the more accurate your results. You’ll receive the Debt Consolidation information you need instantly.
For over 25 years Dan Cassel and the Trinity Mortgage Broker team have been committed to helping our Borrowers to achieve their Real Estate Dreams, as we navigate the often confusing world of Real Estate Loans. We help leverage Borrower Real Estate Equity, with good communication, solid technology, expertise and the “Common Sense” to deliver a reliable Loan Solution.
Dans Debt Consolidator Tool Link