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Oftentimes, it makes sense to pay off higher interest credit cards, car loans, consumer loans, etc., with lower interest debt secured from your home’s equity. This can be done by choosing a fixed rate loan, adjustable rate loan (ARM), an interest only loan, a home equity line of credit (HELOC) or a combination of the above. Many of our customers have saved hundreds of dollars a month by consolidating their monthly payments into one or two mortgage payments. Simply choose debt consolidation as one of your choices on your application.