Homeguard Mortgage Debt Consolidation

In this day and age credit is a very important aspect of our daily lives. Using the equity acquired in your home is a smart way to pay off the high interest rate credit cards, loans, and consolidating your debt. 
 
Simply put, debt consolidation is when you increase your current mortgage, or place a mortgage on a home that is currently free of financing, to include high interest debts that you may have accumulated over time. See below for a real-life example:

Let’s say you have $53,586 in high interest debt, such as credit cards and loans.  Since high interest debt is one of the major contributors to bankruptcies in Canada, our team would do the research and determine a plan of action.  In this situation, obtaining a new mortgage to include all the high interest rate debts is the answer.

This would allow you to pay off the current mortgage of $305,256.38 and the $53,586 in high interest debt all in one shot.  This would now lower total monthly payments and saving money that would otherwise be paid to credit card and loan companies.

The Homeguard Team has been specializing in providing full debt consolidation services through mortgage refinancing for over 24 years.  We work with Mortgage Lenders who are ready to lend up to 90% of the value of your home to help lower your total monthly payments.  On average, we have saved clients up to 85% on their monthly bills. 

Give the Homeguard Team a call today for a FREE CONSULTATION at 1 (800) 225-1777