CALIFORNIA BANK STATEMENT ONLY MORTGAGE REFINANCE LENDERS
BAD CREDIT CALIFORNIA MORTGAGE REFINANCE PROGRAMS

WHAT IS A DEBT CONSOLIDATION MORTGAGE REFINANCE?
A debt consolidation refinance is a type of mortgage refinancing strategy used to merge multiple monthly payments into (1) single debt payment paid off through a single mortgage loan. This debt relief option untangles the mess and lowers payments that consumers face every month trying to keep high-interest debts!

TYPES OF MORTGAGES USED FOR DEBT CONSOLIDATION INCLUDE:

SOME REASONS TO CONSOLIDATE DEBT INCLUDE:

Refinance CALIFORNIA DEBT CONSOLIDATION cash advance loan payday advance, salary loan, payroll loan, small-dollar loan, short-term loans to lower total monthly expenditures
Refinance CALIFORNIA Jumbo debt consolidation loans
Refinance CALIFORNIA DEBT CONSOLIDATION Business loans
Refinance CALIFORNIA DEBT CONSOLIDATION Cash Advance Loans
Refinance CALIFORNIA DEBT CONSOLIDATION Payday Loans
Refinance CALIFORNIA DEBT CONSOLIDATION Consensual liens
Refinance CALIFORNIA DEBT CONSOLIDATION Security Liens
Refinance CALIFORNIA DEBT CONSOLIDATION Statutory Liens
Refinance CALIFORNIA DEBT CONSOLIDATION Mechanic’s Liens
Refinance CALIFORNIA DEBT CONSOLIDATION Tax Liens
Refinance CALIFORNIA DEBT CONSOLIDATION Judgment Liens
Refinance CALIFORNIA DEBT CONSOLIDATION delinquent HOA Liens
Refinance CALIFORNIA DEBT CONSOLIDATION credit Cards
Refinance CALIFORNIA DEBT CONSOLIDATION payoff collections
Refinance CALIFORNIA DEBT CONSOLIDATION Repossession Collections and Car Loans
Refinance CALIFORNIA DEBT CONSOLIDATION Federal Taxes Liens
Refinance CALIFORNIA DEBT CONSOLIDATION pay off Medical Collections
Refinance CALIFORNIA DEBT CONSOLIDATION Unsecured or Private loan
Refinance CALIFORNIA DEBT CONSOLIDATION bad credit mortgage lenders

CALIFORNIA DEBT CONSOLIDATION REFINANCE TO SAVE MONEY EVERY SINGLE MONTH! Refinancing to pay off high-interest debt is probably the most common form of a debt-consolidation refinance. Exchanging 20-40% interest rate credit card debt for 3-4% mortgage interest rates can result in dramatic savings. Paying off credit card debt and other higher interest monthly debt by consolidating also has the added benefit of usually increasing your credit score. This will make the cost of acquiring new debt for you in the future cheaper as long as you can maintain the low credit card balances.

HOW DOES A CALIFORNIA DEBT CONSOLIDATION REFINANCE WORK? When you take us a new CALIFORNIA DEBT CONSOLIDATION mortgage and pay off your current mortgage plus additional higher interest payments including credit cards, and higher interest debt your are taking place in a CALIFORNIA DEBT CONSOLIDATION refinance. If there is currently an existing mortgage on your home, you are paying off this mortgage and other credit cards and debts to consolidate your debts into a lower monthly payment. When you refinance your home to CALIFORNIA DEBT CONSOLIDATION higher interest debt in exchange for a lower monthly payment your current home mortgage this loan is paid off + all other higher interest debt + closing cost + escrows. A CALIFORNIA DEBT CONSOLIDATION refinances can greatly free up monthly cash and lower your overall monthly obligations. In addition to your lower overall monthly payment, the interest you pay on a mortgage is tax deductible compared to your other higher interest debt!

CONSOLIDATE REFINANCE EVERYTHING INCLUDING – Any debt, lien, collection, judgment, repossession, can be paid off with a CALIFORNIA DEBT CONSOLIDATION Refinance. But below is a list of some common examples:

REFINANCE CALIFORNIA DEBT CONSOLIDATION ALIEN- A lien is lender‘s claim against a collateral asset that may be legally sold should the borrower fail to repay a loan. HOW REFINANCING DEBT WORKS: For example When someone takes out a home mortgage or an auto loan, the mortgage lender often requires an asset that can be held as collateral against the loan. Thus, the collateral has a lien placed upon it. In the event of non-payment on the part of the borrower, the lending institution can exercise the lien and sell the collateral asset to offset the unpaid loan. Once the loan is repaid in full, the collateral asset is returned to the borrower and the lien dissolved in county records. For example, if someone takes out a $10,000 loan for a new car. As part of the loan’s terms, the bank gets to hold the title to the car as a lien against the car until the loan is fully repaid. Should the borrower, at any point, default or fail to repay according to the terms of the loan, the bank can use the title to the car to sell it in order to recover the money that was loaned

REFINANCE CALIFORNIA DEBT CONSOLIDATION OR PAYOFF A JUDGMENT- A judgment is a court order to pay someone else money. For Example, let’s say BOB owns runs a red light and hits Mike car. Bob then incurs $3,000 in car repair bills. Bob sues Mike for $3,000 to compensate Bob for the damage Mike did by running the red light. The judge agrees and orders Mike to pay BOB the $3,000. This order is a judgment against Mike and is recorded as a judgment in public records. If Mike does not pay the judgment, Bob can ask the court for remedy, which might include the court placing a lien on Mike real estate or garnishing his wages or other actions. There are different kinds of judgments. A default judgment, for example, occurs in favor of the plaintiff when the defendant fails to appear in court to defend himself or does not respond to a default judgment, summons. A deficiency judgment occurs when the sale of a seized piece of property does not generate enough cash to pay the total judgment amount and the court has to place a lien on more property.

California Debt Consolidation Mortgage Refinance – Dealing With Debt