Still "OPEN" for business and fully "HOME OFFICE" functional! Call me 226-881-1624
A debt consolidation loan is a single loan (generally from a financial institution) that allows you to repay your debts to several or all of your creditors at once. You are then left with only one outstanding loan — to the financial institution.
In addition to streamlining your debts into a single payment, a debt consolidation mortgage may also offer you an interest rate that is lower than that charged by your creditors. This saves you considerable money on interest charges. This option can be especially attractive if you have outstanding debts at a relatively high rate of interest (for example, those charged on some retail store cards or credit cards). In most cases, I will settle all of these debts for you, and in return the only monthly payment you will have to make will be to one financial institution.
This option may be suitable for debts such as those relating to credit cards, public utilities or other consumer loans. However, not all debts can be combined into a consolidation loan — a mortgage cannot be included, for example.
In order to qualify for a consolidation loan, a consumer usually needs to have an acceptable credit rating and sufficient income to demonstrate that they will be able to make the monthly consolidation payment, in addition to paying for their regular monthly bills and expenses.
Call me today, it's free and I can visit in the privacy of your home. Servicing Chatham-Kent, Sarnia, London, and Windsor. 226-881-1624
To Speak directly about your specific situation and requirements, please contact me directly. Alternatively, you can get the ball rolling by applying directly here on our website. Please enter as much information as you can, agree to the terms and send. It comes to me directly giving me the opportunity to review and have a more informed discussion with you. The application process also provides us with a "soft touch" of your credit bureau without affecting your rating but allowing us to paint a better picture of your specific situation. Download our "MOPOLO" App here which provides access to Mortgage Alliances many tools including creating your profile, Credit applications, current mortgage rates, financial calculators, know your credit score every month, and important updates on the market.
ChathamCopyright © 2018 Mortgage Alliance / Jim Paisiovich All Rights Reserved.
Chatham: 234 Queen Street, N7M 2H1 / London: 561 Southdale Road E, N6E 3M7
Mortgage Alliance Head Office: 2005-200 Sheppard Ave. E. Toronto, ON M2J 5B4 | Lic. 10530 | Toll Free: 877.366.3487