Are you thinking about consolidating your bills? It may be possible to consolidate your debts into one easy mortgage payment. Often times, consumer credit carries a high price tag in the form of HIGH interest rates. Among these items are credit cards (Up to 29% APR), auto loans, department store credit cards and personal bank loans, to name a few.

Despite the gloom and doom news we hear from the news media, chances are good that if you bought your home a number of years ago and/or put money down, the equity you have in your home might have increased. By taking out a new mortgage , it is possible to pay off your existing mortgage(s) plus a number of high interest consumer debts which can possibly save you hundreds of dollars per month and thousands over the life of your loan.

Consult with one of our lending experts to find out how Gateway Mortgage can help you become debt free with a cash-out refinance loan.