💳 Refinancing to Consolidate Debt: Pros & Pitfalls Explained

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 06/11/2025

🏠 What Is Debt Consolidation Through Refinancing? Debt consolidation through refinancing means taking out a new mortgage — typically at a lower rate — to pay off other high-interest debts such as credit cards, car loans, or personal loans. The goal is to reduce your total monthly payment and streamline debt management under one roof.

Bill Rapp, Commercial Mortgage Broker

📉 Should You Refinance Your Mortgage in 2025? When It Makes (and Doesn’t Make) Sense 💡

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 02/06/2025

📉 When Refinancing Saves You Money—and When It Doesn’t Refinancing can feel like a golden ticket—lower monthly payments, better terms, and even cash in hand. But just like any financial move, it comes with pros and cons. So when is refinancing actually a smart money move—and when should you hold off? Let’s break it down.

Bill Rapp, Commercial Mortgage Broker