I thought that I’d do something a little different this week and answer a question that I received from a prospective Chicago client today. This couple had come in for a refinance, and along the way, she brought up a very good question that I think that a lot of people would like to know the answer to. Here was her question:
Ryan, a friend of mine has some high interest credit card debt they need to pay off. Can you help with that?
Absolutely! Home owners with credit card debt can always check with us for a debt consolidation refinance from The Home Loan Expert. In fact, this is one of the major reasons that mortgages are refinanced. As home values rise and interest rates drop, this is the best time to refinance, lower your interest rate AND get some cash out to pay off those credit cards once and for all.
Our friends that asked the question, in fact, were smart enough to roll their credit cards into their refinance. We dropped their interest rate from 5 to 3.5 and got them 20k to pay off all their debt. They were able to save over $700 a month in payments. For a lot of families, that’s the difference between being comfortable and living paycheck -to-paycheck.
Stop making those greedy credit card companies rich and get those cards paid off once and for all. Call our Chicago office today at (773) 770-4727 and visit www.thehomeloanexpert.com to apply online for a debt consolidation loan that can change your life. We make it easy to refinance!
The Home Loan Expert
