× Our work Why it's free Our clients About us Our calculators Our tips & tricks Our rates Application Contact us Alert Career
Michael Paolozza

Michael Paolozza

Mortgage Broker

Language(s):
French
English

mpaolozza@planipret.com
(514) 567-0558

20845 Chemin de la Côte N , 305
Boisbriand, QC
J7E 4H5

Debt consolidation

What is debt consolidation? It’s a single loan that repays all of the others through a single payment.
Debt consolidation can be done with a personal line of credit, a loan, and of course, a mortgage loan. Normally, debt consolidation goals are:

  • To pay less interest
  • To have only one payment (easier to manage)

The benefit of doing it with a mortgage loan through refinancing is definitely the terms of the loan. First, the rate: a personal loan can vary between 5% and 15%, while a mortgage loan can vary between 2% and 5%.
Do you have any questions? Would you like to know if you qualify for refinancing to consolidate your debts? Find a Mortgage Planners mortgage broker near you!

Find out why the services of a mortgage broker are free

Here are a few articles that might interest you.

Can refinancing my home solve my debt issues?
Debt consolidation via a mortgage

Sign up for our alerts and receive one of the following:

  • Our Tip of the week, and/or
  • Our Monthly summary of our tips, and/or
  • 2-4 emails a year on major changes in the field, and/or
  • Renewal; 3 emails 8 months, 6 months, 3 months before the end of your mortgage loan, and/or
  • Tips and tricks for buyers; sequence of 24 emails over 24 weeks

In addition to receiving the information, you will have access to our calculators, our rates and our contact information.

Let us orchestrate the details of your mortgage!