Cash-Out Refinance
For anyone who is a homeowner, a cash-out refinance could be a great tool to help you pay off debt and incorporate your bills as one regular payment.
The cash-out replacing option is best for homeowners that have a reliable income, good credit, and sufficient equity in their home. Add your debts figure to the balance of the mortgage you are refinancing, and you could take the extra cash and put it to use to pay off your creditors. You still have your debt to pay, but now it’s merged with your mortgage as one monthly payment.