If you are feeling the pressure of overwhelming consumer debt, you are probably looking for ways to save money. Our affordable services can help you.
Our professional team of mortgage experts have years of experience in the Debt Consolidation Mortgage industry and guide you for every step of the process.
There are various types of debt consolidation mortgages but the right one for you depends on a number of factors. Our expert team will help find the right solutions for you.
Fantastic interest rates
With a debt consolidation mortgage, you can eliminate those high rates in exchange for a much lower rate that can save you thousands of dollars.
Looking for a Debt Consolidation Mortgage in Burlington
Many people in Burlington are struggling with high interest consumer debt and they may feel like there is no way out. But if you are a homeowner, we have good news. You can use the equity in your home to pay off your debt and in doing so you can considerably lower your interest payments. This is called a debt consolidation mortgage. With the lower interest rates, it is possible for you to pay off your debt much faster – maybe even years faster. The consolidation can help you lower your overall payments so that you have more money left over at the end of the month. And for some clients, it can even help them do both!
Benefits of Debt Consolidation
Consolidating your debt and lowering your interest rate can save you a significant amount of money over the long term. In addition to this, it allows you to have one easy monthly payment instead of multiple payments to various creditors. This reduces the chances of you accidently missing a payment which can harm your credit score. As you reduce your number of creditors and pay down your debt, you will also be improving your credit score in the process.
How Does Debt Consolidation Work?
When you use your home equity as a tool to consolidate debt, you borrow money against your house using a mortgage tool such as a mortgage refinance, a second mortgage, or a home equity line of credit. The money you receive from the loan is then used to pay off your creditors. At this point you still have the same amount of debt but now it is all consolidated into one payment and you have a much lower interest rate that you need to pay. As long as you are committed to not racking up the credit cards again, debt consolidation will help you to get out of debt faster.
Get A Debt Consolidation Mortgage with Circle Mortgage
Are you ready to finally get out of debt? Contact us today and a member of our team will assess your situation and recommend the debt consolidation mortgage that is right for you. At Circle Mortgage Group, we work with dozens of trusted lenders. We will compare rates to help ensure that you get the best rate possible. Still not convinced? Let one of our experts run some calculations for you and find out exactly how much money you can save when you get a debt consolidation mortgage with Circle Mortgage Group.
"First time buying a house is a very stressful experience, and Jivan at DLC really helped reduce that stress by clearly outlining the process before we began so there were no surprises along the way and of course I had a lot of questions, and he was quick to respond to them. Now I recommend Jivan to anyone that tells me they are considering to buy a house because of my stress-free experience."
"Jivan’s sense of ethics is endearing. Mortgages are a hard hit to a client and it makes my business worth working for when I work with a Mortgage Broker who works with my client and ensures that the Mortgage my client is signing into will not result in sleepless nights."
"It is truly a great pleasure to be working with Jivan. He is honest, friendly, and very knowledgeable about his industry. Do yourself a favour and contact Jivan first for all your lending needs!"
Lambros Bryan Demos
How Debt Consolidation can help you out?
Pay off your debts faster
Lower your interest rate
Improve your credit score
Lower your monthly debt payments
Have one easy and convenient payment
Get professional advice on the type of debt consolidation loan that is right for you
1How reliable is a Mortgage Broker?
Mortgage Brokers are independent, trained professionals licensed to represent and provide you with the best advice for your mortgage needs. Mortgage Brokers primary expertise is locating funding for mortgage financing. They know where the best rates can be found. What’s more, they have the knowledge required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing.
2Other than rates, why should I use a Mortgage Broker?
In addition to rates, because mortgage-based financing is the broker’s primary business, he or she has developed expertise in what type of mortgage financing each lender prefers to pursue. This kind of knowledge not only results in the most favorable rates for each project, but often whether a project is funded at all.
3How do Mortgage Brokers Find Superior Rates?
Interest rates are a concern to borrowers. Because of their daily contact with lenders, brokers know which project or home attracts a favorable interest rate from one institution, but a higher rate at another. Some institutions, in fact, will only accept mortgage submissions from mortgage brokers. These rates, and preferences for types of mortgages, can change daily, depending on economic circumstances or based on the size of an institution’s portfolio in a particular type of mortgage. Your Mortgage Broker keeps current and knows which lender to approach first. As a result, mortgage rates obtained by Brokers are among the best available at the time of placement.