Steps: confirm equity, document income, present credit ~620+. Paying off revolving balances at closing can lower your DTI, sometimes helping you qualify for more or better terms.
What to prepare
List your debts (balances, rates, payments), and have your mortgage statement and income docs ready. We’ll compute your blended rate now versus the consolidated payment.
The DTI benefit
Because consolidation pays off monthly obligations, it can reduce your DTI — occasionally the very thing that makes the loan approvable. We’ll structure it to maximize that effect.
Frequently asked questions
Can consolidating help me qualify?
Yes — paying off high monthly payments can lower your DTI, which sometimes improves your overall qualification.
What info do you need?
Your debts with balances and rates, your mortgage details, and income. We’ll do the comparison.
How fast can it close?
A HELOC can be quick; a cash-out or home equity loan runs a standard 30–45 days.
Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766). Figures are illustrative for 2026 and not an offer of credit.