Debt consolidation bundles all your debts together into one monthly payment. If you’re overwhelmed by multiple debts and high-interest rates, our debt consolidation mortgage option is the solution you need to save money on interest and simplify your finances. Choose Siga Financial to manage your debt effectively and improve your financial stability.
What is Debt Consolidation?
A debt consolidation mortgage is a loan that allows you to combine all your remaining debts into a new single mortgage payment. By consolidating your debts into a mortgage, you’ll benefit from significantly lower interest rates in comparison to other types of debt, such as credit cards and personal loans. There is also the added benefit of managing your payments easier and being able to pay off your debt faster because you’ll only have one payment to make each month.
Let’s say you have a $25,000 personal loan, a $15,000 car loan, $10,000 in credit card debt, and $200,000 remaining on your current mortgage, rather than continuing to make separate payments for each of these debts every month, you can consolidate these debts into a mortgage, making one single payment instead of four.
Benefits of Debt Consolidation
Lower interest rates
A debt consolidation mortgage can help you save money and reduce the overall cost of debt because you can take advantage of lower interest rates over what you were paying on your individual debts.
Simplified payments
It’s much easier to stay organized and avoid missing payments when you only need to keep track of one payment each month as opposed to multiple debts with different due dates and interest rates.
Improved credit management
Debt consolidation helps you to pay off your debts faster, avoid missed or late payments, and lower your credit utilization ratio, ultimately improving your credit.
Financial relief
You can control and manage your finances more efficiently by consolidating your debts into a mortgage, lowering your monthly payments.
Our Debt Consolidation Services
Our debt consolidation services allow you to use personal loans, lines of credit, and other flexible financing options. We get the most out of our initial consultations and create personalized solutions for each individuals’ financial needs. We’ve made the process of getting a debt consolidation mortgage seamless so here’s how we tackle refinancing or remortgaging.
First, you’ll need to fill out an application and provide the necessary supporting documents. We will arrange for an appraisal if the lender needs one to be done. The whole process can take three to four weeks, and on the closing day, the lender will send funds to your closing company or lawyer.
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Credit Repair as Part of Debt Management
Credit repair is essential for individuals seeking to improve their creditworthiness and can lead to thriving financial health. As a private broker company, we engage in a systematic and thorough process to identify any discrepancies or errors that might negatively impact your credit score. Once any inconsistencies are identified, our credit repair specialists diligently dispute and rectify these issues in your credit report.
To do so, we may involve creditors and credit bureaus to correct inaccuracies, such as updating payment records or resolving outstanding debts. Our professionals team offers personalized guidance on budgeting, credit-building techniques, and debt repayment strategies. We take a proactive approach to empower individuals to take control of their financial future.
Why Choose Us for Debt Consolidation and Credit Repair?
At Siga Financial, you’ll work with financial experts you can trust. Our expertise and understanding in debt consolidation mortgages helps us guide you in your pursuit of financial stability. We provide flexible repayment options tailored to your specific financial needs.
You’ll notice our customer-centric outlook ensures you feel we are a partner in your financial journey. From transparent advice on debt consolidation to customized credit repair strategies, we’re here to help save you valuable time and money.
Take the First Step To Repair Your Credit
Regain control of your finances today and contact Siga Financial for our debt consolidation mortgage services. Repair your credit and efficiently manage your finances all under roof. When you’re ready, book a free consultation by calling, emailing, or applying online.