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First Mortgage
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Second Mortgage
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Refinance
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Debt Consolidation
Reasons to choose ALTERNATIVE LOANS
Compare multiple offers
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Transparent
Quotes
We provide transparent quotes for your need. No Hidden Charges
Maximum equity access
Get upto 85% equity access. Quick approvals.
Your Private Lending Specialist
- At alternative loans , we just don't stop at providing you home equity loans. We guide you through your entire financing process. We have a network of lenders who can understand your needs and provide best solutions. Here you get access to both private and conventional lenders who can provide industry lowest interest rates.
- We have a network of lenders who can understand your needs and provide best solutions.
- Here you get access to both private and conventional lenders who can provide industry lowest interest rates.
- Availing home equity loans without proper knowledge might push you into a debt trap. At Alternative loans, this should be least of your worries. Our specialists work for you and are focused on your financial well being.
Debt consolidation in Kitchener
Are your credit card bills leaving a serious dent in paycheque? If so, then get in touch with our team at Alternative Loan and ask about our debt consolidation services. We will be more than glad to help you. Our services are available to customers in Kitchener and the surrounding areas.
A brief summary of debt consolidation
Debt consolidation is your one solution to resolve all your credit card bill and loan problems. Generally, credit card bills come with high-interest rates which can be as high as 29%. Now paying back with that much of interest is a good amount of money which may be going out of your pocket every month. On top of that, if you add your monthly expenses, you may notice that you are not saving anything at all. Coming to debt consolidation, what it does is, it combines all your debts and adds it to your home mortgage. It may seem, that adding that amount to your home mortgage would only increase it more.
Yes, that’s true, but when it comes to home mortgages, the interest rate is comparatively low when compared with credit card interest rates (12-14%). This means that your monthly payments would be less. This, in turn, reduces our monthly expenses. Have queries? Contact us today and let us resolve them today.
Benefits of debt consolidation
Low monthly payments on your loan and credit card bills whist you pay-off your home mortgage as well
It can help you reduce your monthly expenditure and you can start on your savings
Debt consolidation can help you reduce your loan amount by a maximum of 50%
Quick credit recovery time
You will not have to worry about being a defaulter and paying a penalty amount
In addition to this, if your debts are in arrears or with collection agencies, our team members can negotiate with them so you can have apt time to re-pay your debts.