AltFinancial will assist you to make that right decision on debt management.
Question: Is it worth it to consolidate revolving debt into my home loan via a Refinance?
What Loans are most popular for lowering your monthly payment?
There are several types of loans you may want to consider such as the following:
An FHA Loan which is a fixed-rate security of a government-issued FHA loan.
A 30 Year Loan which gives your the flexiblity of the lowest payment based on term.
An Adjustable Rate Mortgage which gives you a very low interest rate. There are advantages and disadvantages to this loan, so feel free to contact one of our Mortgage Professionals to discuss whether a 5/1 ARM, 3/1 ARM or the traditional 30 Year may be best for your situation.
VA Loan: If you are a veteran, let us walk you through the process and reap the benefits of a VA Loan.