What is a Debt Consolidation?
Debt consolidation is a financial strategy that allows you to combine multiple high-interest debts into a single, more manageable payment with potentially lower interest rates. By using your home's equity through either a Home Equity Line of Credit (HELOC) or Cash-Out Refinance, you can pay off credit cards, personal loans, and other debts, often reducing your total monthly payments and saving money on interest over time.
Key Benefits
- Lower monthly payments by consolidating high-interest debt
- Potential tax benefits since mortgage interest may be deductible
- Fixed payment schedule helps with budgeting and financial planning
- Access to larger amounts of money at lower interest rates
- Simplified finances with one payment instead of multiple bills
Billy Watkins - Sr Mortgage Broker - NMLS 384700
How to Apply for a Debt Consolidation
Initial Consultation
We start with a conversation to understand your goals and financial picture.
Application & Documentation
Complete the online application and provide necessary financial documents.
Underwriting & Approval
Our team reviews your file to issue a final loan approval.
Closing
Sign the final documents and get instant access to your funds.
Success Stories with Billy Watkins
"Billy made the process of getting our Debt Consolidation incredibly simple. His communication was top-notch, and we closed faster than we ever thought possible. Highly recommend!"
Alex & Jamie R.Debt Consolidation Client with Billy Watkins
"As a self-employed individual, I thought getting a mortgage would be a nightmare. Billy guided me through the Debt Consolidation options and found the perfect fit. I couldn't be happier."
Samantha P.Debt Consolidation Client with Billy Watkins
