Stop Overpaying & Keep More Money in Your Pocket
Calculate Your Blended Rate and Potential Savings - in Seconds!
What is Debt Consolidation?
Blending Rates and Debt Consolidation:
Debt consolidation is the process of combining multiple debts such as credit cards, personal loans or medical bills into one payment. Instead of juggling multiple due dates and high interest rates, debt consolidation allows you to simplify your payments often with a lower interest rate and better terms. For many people, this reduces financial stress and helps them get a handle on their monthly budget.
What is the Process?
It’s straightforward. Homeowners can use the equity in their home to consolidate debt by refinancing their mortgage. Essentially, you take out a new loan on your home that’s big enough to pay off your existing mortgage and other debts. This new loan has one monthly payment, usually at a much lower interest rate than credit cards or other unsecured loans. The result is often a big reduction in monthly expenses.
Why Choose Debt Consolidation?
People choose debt consolidation for many reasons. High interest debt especially credit card balances can quickly get out of control and hard to pay off. Consolidating those debts into a mortgage refinance can save a household hundreds or even thousands of dollars over time. This simplifies your finances and can also help improve your credit score by paying off revolving debt. It’s a smart solution for families looking to get back to financial stability and peace of mind.
How Can a Mortgage Broker Help?
As a mortgage broker, I can help to guide you through this process. I’ll work with you to determine if debt consolidation through a mortgage refinance makes sense for your situation. By analyzing your current mortgage, debts, and financial goals, I can help you find the best loan options to save you money and simplify your payments.
If you’re tired of juggling multiple bills and want to simplify your finances, reach out today for a free consultation and let’s see how debt consolidation can work for you.
Household Rate Calculator:
Plug in your debts to calculate what your blended, or household rate is. You might be surprised at how much interest you’re paying!
Blended Rate Calculator
| Type of Debt | Balance ($) | Rate (%) | Action |
|---|---|---|---|
| Total | $0.00 | 0.00% |
Existing Loan Term
New Loan Terms
What People Are Saying…..
"Todd is a consummate professional that guided and advocated for me, an active duty military member, through my first home-purchasing experience. I asked Todd many questions throughout the process. He is extremely knowledgeable, patient, and timely with his actions, including matching very competitive loan offers from other lenders. As someone who has recently moved to the area, it can be hard to find people who are quality people and professionals; Todd meets and exceeds both of these standards. I fully recommended Todd Hanley to the military and civilian communities who are looking for his services throughout the homebuying process."
— Kody K
"Todd has earned my highest recommendation. He has helped me close on two houses and sell one house. Working with Todd is a pleasure, with his patience, expertise and guidance he makes you feel like family and to be comfortable with these big milestones. He truly cares and is passionate about what he does and it shows throughout the entire process. I would choose Todd Hanley every time for anything home buying related. He’s the best, why try the rest!"
— Leran R
"Todd is the best! Took what seemed like a very complicated and nearly impossible ask and turned it into 2 very happy parents moving into their new condo. Very attentive and leaves no stone unturned when trying to fit you with exactly what you need. Will work together again soon. Strongly recommend."
— Jason Z
When it comes to securing a mortgage, you deserve nothing less than the absolute best—and that's exactly why you should consult with Todd Hanley for your needs. With over 16 years of experience as a Senior Loan Officer, Todd brings unmatched expertise to the table. Being recently featured in The Wall Street Journal, what truly sets him apart is his holistic understanding of the real estate and financial landscape affecting homeowners like you.
- Active Real Estate License: Todd holds an active real estate license mainly to gain access to information and data that makes me more effective at as a mortgage broker.
- Todd is designated a Certified Mortgage Advisor which is a mortgage industry professional who has been extensively trained in all aspects of mortgage backed securities, treasuries, and bonds and is an expert advisor who helps consumers understand how to use mortgage debt to build sustainable, lifelong wealth.
By choosing Todd Hanley, you're not just getting a loan officer; you're partnering with a seasoned professional who has equipped himself with the knowledge and skills to provide the most effective and personalized solutions for your mortgage needs. His unique blend of qualifications ensures that every aspect of your journey is handled with the utmost care, expertise, and integrity.
Don't settle for ordinary when you can have extraordinary. Contact Todd Hanley today for peace of mind for all of your mortgage needs.
- Phone - 954-806-5114
-Todd.Hanley@uniteddirectlending.com
