Consolidate your Debt with a Home Refinance Loan. Do you want to pay off those higher-interest debts? Consolidate debt and get the cash you need from refinancing to a lower rate with Fairfax Mortgage Investments. Maybe your credit is less-than-perfect credit, we can help you lower your monthly payment and pay off your higher-interest debt. By consolidating your payments into one low monthly payment instead of several, you will pay less each month and you will pay off your higher-interest debts faster which will help improve your credit.
Save Hundreds Per Month With a Debt Consolidation Refinance
Debt consolidation loans do not reduce the amount you owe. Instead, they lower the interest rate you pay. You will still need to keep your debt low, and if you have extra money, save it, invest it, or pay off your loan early. The whole idea behind refinancing your debt is to lower your monthly bills so you have more money in your pocket at the end of the month.
Refinancing Programs that can Reduce Your Monthly Mortgage Payment
A debt consolidation loan will give you only one payment per month. Our programs are designed to fit your monthly budget and take the pressure off your bank account. You may be surprised to find that the time it takes to reduce your outstanding balances is dramatically less than your alternative and could save you thousands of dollars.
|New Balance &Payment||$50,000||$454*|
|Monthly payments based on a 15 year fixed second mortgage with an APR of 2.831%. This is an example only. Actual monthly payments, closing costs and APRs may vary. Other products such as home equity lines are available.|