Conversations with a Pug – Refinancing to consolidate debts
Refinancing to consolidate debts
We all know life can get messy.
Chances are you’re juggling a career, family and social life, all whilst trying to earn enough money to pay off your mortgage and other debts you’ve accumulated over time. Keeping track of all these small payments can feel like an overwhelming burden.
I have a solution that could make your life easier.
Did you know that you can bundle all your debts into your mortgage for one easy repayment? It’s known as debt consolidation and it’s possible if you refinance your home loan. Luckily, the process can be straightforward. We can go through your debts and look at your existing loan together and then I’ll help you find a new lender that will offer a competitive deal.
For most lenders, you will have to show:
You’ve held the debt for a minimum of 3 months
Statements or an account showing the debt
That you are up-to-date on your repayments
There’s a few other things that are important to consider with debt consolidation so if you’ve been thinking about bundling a few debts into your home loan and potentially saving thousands of dollars in the process, let’s chat!
My Very Best To You Always,