Should You Get a Mortgage Consolidation Loan?
A mortgage consolidation loan is one in which you consolidate other loans into your mortgage. Loans such as auto loans or credit card accounts can be included in your mortgage, so you are paying one large payment rather than payments to several creditors. It may take you a bit longer to pay these off, but it can save you money on your monthly budget. This can be beneficial to those that are struggling to make all of their payments each month and have any money leftover for things such as food or entertainment.