TODAY'S RATE*
30 Year Fixed 4.25%
20 Year Fixed 4.25%
15/10 Year Fixed 3.75/3.75%
FHA/VA 30 YR Fixed 4.375%
Back to the FAQ
Can I get a mortgage loan to payoff my credit cards?
Yes, many programs are available to help you consolidate debt. Considering the average interest rate on a credit card is 18%, using the equity in your home to reduce your monthly can save you hundreds of dollars in credit card interest. The interest on the mortgage is also tax deductible where as credit card interest is not, consult your tax advisor.