Churchill Mortgage Offers Debt Consolidation Refinancing Services

(prHWY.com) August 21, 2012 - Anderson, SC -- Charleston, SC (July 12, 2012) - South Carolina loans specialists at Churchill Mortgage are offering services for debt consolidation in South Carolina for homeowners looking to refinance their existing mortgages.

Debt consolidation mortgage refinancing can be more financially viable than taking out a new mortgage. Also, getting a debt consolidation can lessen the hassles of paying several debts at different premiums. Consolidating one's debt can also help eliminate the intermittent phone calls from different creditors and allows the homeowners to get a lower monthly payment.

South Carolina Debt Consolidation gives people the chance to pay off other debts such as utilities, credit card bills, hospital bills, and student loans. Loan applicants can offer one's home equity as collateral for a loan that will pay off these other liabilities. Aside from lowering their monthly payments, debt consolidation offers a lower interest rate as compared to paying off one's existing mortgage with a second one.

If one has good credit scores, one can get a long-term mortgage offer and even restructure the mortgage payment schedule for faster repayment, eliminating the possibility of running up late payment fees if the debt was spread out among a large number of creditors.

For example, if the mortgage runs for 30 years, a restructured mortgage can be repaid in 15 years. In this regard, South Carolina debt consolidation can become a viable alternative to acquiring a second mortgage. Debt Consolidation in South Carolina or in other areas, will mean that other debts will get paid, relieving the homeowner of his or her debt burden at a faster rate.

The specialists at Churchill Mortgage provides the type of Debt Consolidation South Carolina residents have come to trust, providing excellent resources for first-time homebuyers to understand the mortgage process and find out what to expect as a homeowner.

About Churchill Mortgage Corporation

Churchill Mortgage Corporation provides conventional, FHA, and VA home mortgages across 25 states. They have built a reputation as a trusted company for debt consolidation and refinancing. For more information, call 877-466-3890 or log on to South-Carolina.ChurchillMortgage.com.

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