You’re likely eligible with sufficient equity, credit ~620+, and verifiable income. The bigger question is whether the math works — your blended new rate versus what you pay now.
Are you eligible?
Most homeowners with equity and reasonable credit can consolidate via a cash-out refinance, HELOC, or home equity loan. Self-employed borrowers have bank-statement options too.
Does it make sense?
Compare your current weighted-average rate on the debts to the new rate. If the new secured rate is meaningfully lower and you avoid re-running up the cards, consolidation usually wins.
Frequently asked questions
Can I consolidate if my mortgage rate is low?
Yes — use a HELOC or home equity loan (second liens) to keep your low first-mortgage rate while consolidating.
What debts can I consolidate?
Credit cards, personal loans, and other high-interest balances. We’ll total them and compare the new payment.
Is consolidation always a good idea?
Not always — it works when the rate is lower and you change the habits that created the debt. We’ll be honest about the fit.
Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766). Figures are illustrative for 2026 and not an offer of credit.