VA Debt Consolidation
CityWorth Mortgage offers veterans or active members of the US military, or spouses of a veteran, a VA Debt Consolidation Loan up to 100% of your home's value. While many lenders limit you at 90%, CityWorth Mortgage gives you the full amount that you were promised by the U.S. Department of Veterans Affairs. 100% of your home's value can be used to consolidate your debts. In addition, you could get $5,000, $10,000, even $20,000 or more to use for anything you want.
· Save Hundreds of Dollars a Month
· Pay Off High Interest Rate Credit Cards
· Stop Paying Compounding Interest
· Fast and Easy Approval Process
If you or your spouse are a veteran and own your home, there is a good chance you can obtain a VA Debt Consolidation loan to control your debt and reduce the amount you pay each month.
A VA Debt Consolidation Loan allows you to pay off high interest credit cards, short-term loans, and other bills and refinance them into a low fixed-rate VA loan. In most cases, the VA loan has a much lower interest rate than you current have on your mortgage.
Reducing Monthly Payments
Carrying balance on several high-interest credit cards is difficult. Not only do you have a separate monthly payment for each, but if you miss a payment, the costs of delinquency add to your debt load. When you refinance your debt using a VA loan, you can make one low payment for all these bills. The convenience is incredible; you will no longer have to write multiple checks or log in to multiple accounts to pay your bills each month. One simple payment could be all you have when you use a VA debt consolidation loan.
Manage Debt with Cash-Out Refinance
Our loan specialists can help you manage your debt with a VA Cash-Out Refinance loan. You can restructure your monthly bills to ease your financial situation.