Debt consolidation can be a simple way to cut interest rates and streamline your monthly payments.

Ready to get a head start on your financial freedom?

Debt Consolidation: A Powerful Tool For Your Financial Goals.

You don’t have to be overwhelmed by mounting bills or rising monthly expenses. If you want to get out from under high interest rate charges from credit cards, student loans, or other forms of debt, then a cash-out refinance might be the solution for you.

Consolidating your debt by refinancing allows you to put existing debt into your mortgage—typically at much lower interest rates. The result is a single interest rate and single monthly payment. Generally, you’ll end up paying less each month than you do now, paying all the bills separately.

We encourage you to carefully consider whether consolidating your existing debt is the right choice for you. Consolidating credit debit or multiple loans means you'll have a single payment each month for that combined debt but it may not reduce or pay your debt off sooner. By understanding how consolidating your debt benefits you, you'll be in a better position to decide if it is the right option for you.

Not sure how it works? Our American Pacific Mortgage loan advisors can give you a one-on-one consultation, and map out exactly how debt consolidation can work for you. We can show you what your new monthly payment might look like based on going rates.

Try our debt consolidation calculator, which will tell you how much your monthly payment might decrease, how much you’ll save in interest, and how long it will take you to pay off the newly consolidated loan. Apply online to start consolidating.


Credit Card Consolidation

Pay off high-interest credit card debt with a cash-out refinance of your home. Exchange multiple, high-interest credit card payments for one low-interest mortgage payment.

Experience the instant savings on interest each month, the convenience of only one bill to pay, and the added benefit of replacing non-deductible credit interest with tax deductible mortgage interest*.

Want to really get ahead of the game? Use the money you save on interest payments to pay down your principal balance even faster!

Loan Consolidation

What is the amount of interest you are paying on auto loans, school loans, medical bill loans, or personal loans?

Consolidate your loans with a cash-out refinance, and take control of your monthly payments*.

Wrapping a Second Mortgage

If you have a second mortgage on your house with a higher interest rate than your first, a refinance can consolidate both into one single interest rate with one lower monthly payment.