An FHA debt consolidation loan allows you to refinance your existing mortgage and also roll in your existing debt. The total of this and your closing costs can be as much as 95% of the appraised value of your home. Consolidating your debt into your mortgage can have several benefits:
- Reduce your total monthly payments
- Potentially increase your tax deduction
- Make one payment a month instead of many
- Repair or improve your credit
If you are trying to save money, repair your credit, or even prevent bankruptcy, make sure you speak with an FHA Loan Officer who will evaluate your current situation and show you how much an FHA debt consolidation loan can help you.
Equal Housing OpportunityJosh Kohl, whose license number is 57312 IS LICENSED UNDER THE LAWS OF THE STATE OF TEXAS AND BY STATE LAW IS SUBJECT TO REGULATORY OVERSIGHT BY THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING. ANY CONSUMER WISHING TO FILE A COMPLAINT FORM TO THE TEXAS SAVINGS AND LOAN DEPARTMENT, 2601 NORTH LAMAR, SUITE 201, Austin, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MY BE DOWNLOADED AND PRINTED FROM THE DEPARTMENT’S WEB SITE LOCATED AT
