Debt Consolidation Mortgage Loans

Debt consolidation mortgage loans make a lotta sense if you gotta pad and a little equity. If you don't have a home though, well, debt consolidation mortgage loans won't mean squat.

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Debt Consolidation Mortgage Loans

The Dude - he's a man of few words. Late at night in some back alley bar you can hear him mumbling about debt and maybe a little something about forex trading, but aside that the Debt Dude is a solitary, quiet stud just cruising around looking for the next big thing. And he's found it in debt consolidation mortgage loans

Getting pumped about debt consolidation mortgage loans

The Debt Dude knows a good thing when he sees it, and he likes what he sees in a debt consolidation mortgage:

People owning homes have a good thing going - the high appreciation rates of the past few years basically guarantee some level of equity.
The low interest rates attached to home financing and equity loans allows most home owners the chance to actually borrow against that equity - right on.
And when you do the debt deed on your own there is no unnecessary payments to a rotten debt company.

He smiles, rubs his white beard, then leaps on his hog to thunder off in the opposite direction. Apparently the Debt Dude saw something that didn't quite suit his fancy!

Crashing the country club ball

A great many people needing debt consolidation will not have the willpower or even the option to take out a second mortgage and consolidate their debts solo style - but thats not what enraged the Debt Dude. No, what got his bitter goat was the fact that not everyone owns a home, especially not everyone in debt, making this form of debt consolidation loans exclusive to the home owning gentry.

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