💳 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

💸 When to Refinance Your Mortgage (and When Not To) 🏡

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 05/08/2025

📉 Refinance Savings vs. Costs: What Homeowners Need to Know 💰 Refinancing your mortgage sounds like a smart move—lower rates, smaller payments, fresh terms. But here’s the real question: Does refinancing always save you money? The answer is… not always. In this guide, we’ll break down exactly when refinancing is a money-saving win—and when it’s not worth it.

Bill Rapp, Commercial Mortgage Broker