Debt Consolidation is a method of mortgage where all
installment/revolving accounts and first and/or 2nd mortgage is consolidated into one
monthly payment. When one considers most credit card installment/revolving accounts
at 12-21% APR versus a new first mortgage at an interest of 9.0% (for example), monthly
savings can account for hundreds of dollars savings per month. Also, some closing costs may
be considered tax deductible in the year of occurance. Please contact us for
details.
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