Turn several high-interest payments into one.
Credit cards and personal loans often carry rates two or three times higher than a mortgage. A debt-consolidation refinance uses the equity in your home to pay them off, leaving you a single, usually lower, monthly payment. It isn't the right move for everyone — so we run your real before-and-after numbers first and tell you honestly whether it saves you money, in English or Spanish.
Who this is for
- Homeowners carrying balances on high-interest cards or personal loans
- Owners with enough equity to cover the debt and keep a cushion
- People juggling several due dates who want one payment instead
- Anyone who wants the math checked before rolling debt into the mortgage
How it works
List what you owe
Bring your card and loan balances with their rates. We add up what you're paying now — payment and interest — so we have a real starting point.
Check your equity
A consolidation runs through a cash-out refinance, so we confirm you have enough equity to pay off the debt and still keep a healthy cushion in the home.
Compare before and after
We put your current total payment next to the new single payment, including closing costs, so the savings — or the lack of them — are impossible to miss.
Close and pay it off
If it clearly helps, we close the refinance and the high-interest balances get paid off, leaving you one payment to manage.
One payment instead of many
Trading a stack of due dates for a single mortgage payment makes the month simpler to manage.
A lower blended rate
Mortgage rates usually sit well below credit-card rates, so moving the balance can cut the interest you pay each month.
A straight before-and-after
We won't sugarcoat it — you'll see the total cost both ways, including closing costs, before you decide.
Free up monthly cash flow
One lower payment can leave more room in your budget — just know the debt is now spread over the life of the mortgage.
Today’s sample rates
Common questions
Is a debt-consolidation refinance the same as a cash-out refinance?
Under the hood, yes — you're taking cash out of your equity. The difference is what you do with it: here the cash goes straight to paying off higher-interest cards and loans instead of a remodel or another use.
Will this actually save me money?
Sometimes yes, sometimes no. Moving debt from a 20%+ card to a mortgage rate usually lowers your monthly interest, but you're also stretching that balance over a longer term. We show you the total cost both ways so you can decide with real numbers, not a sales pitch.
How much equity do I need?
Enough to pay off the debt and still leave the cushion the lender requires — most cash-out programs want you to keep a meaningful share of equity in the home. We'll check your value and balances and tell you what's realistic.
What happens to my credit cards afterward?
They get paid off through the refinance, which can help your credit utilization. Keeping them open but unused is usually fine — the real risk is running the balances back up, which would leave you with both the cards and a bigger mortgage.
Does my credit score matter for this?
It affects your rate and how much you can borrow. But because this is secured by your home, the guidelines can be more flexible than an unsecured consolidation loan. We'll review your full picture first.
Could I owe more in the long run?
It's possible — spreading a short-term balance over a 30-year mortgage can cost more total interest even at a lower rate. That's why we run the honest comparison, and if it doesn't help you, we'll tell you to skip it.