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Debt Consolidation Loans

Simplify your finances with Lower’s debt consolidation loan options.

Turn your home equity into a powerful tool for managing debt. Lower offers flexible options—HELOCs, Cash-Out Refinances, and Home Equity Loans—to help you pay off high-interest debt and save more each month.

No-impact credit check. No commitment.
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Debt Consolidation Loan Benefits

Secure a competitive, fixed-rate conventional loan.

Consolidating your debt with Lower is a smart way to take control of your finances and save on interest payments. Here’s why homeowners choose us to consolidate their debt.

Lower interest rates than credit cards or personal loans
Combine multiple debts into one easy payment
Free up more money each month
Dedicated support at every step
Flexible loan options

A better, all-digital experience with 30,000+ 5-star reviews.

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5.0

As a new home owner Sean was a fantastic guide throught getting refinanced. He was very informative on the process. Always low pressure interactions. He got my rate dropped by almost 2.5% And he's just a real friendly fellow. Thanks Sean!

Chuck K.

Verified Customer
5.0

Great experience! Cindy was amazing to work with. She is very knowlegable and led us through the process. Everything flowed smothly all the way through the refi process. Would recommend her highly!

Cliff H.

Verified Customer
5.0

Rayma was so wonderful to work with! She was very professional, kind, and went above and beyond to provide us with information when asked, even if it meant working after hours. She answered all of our questions quickly. She was ensured every de…tail was taken care of from the beginning all the way to closing. She made this process as stress free as possible. When it is time to refinance or purchase, we will call on her again.

Jerry I.

Verified Customer
5.0

Katie was wonderful to work with on this refinance she is on top of everything. Refinancing can be difficult but her commitment to making sure my experience went smoothly and with out a hiccup was great. I will use he…r again in the future for sure .

Gregory M.

Verified Customer
5.0

I have used Katie Lepley twice- for a loan to purchase a home and to refinance my condo. She is quick and efficient, very professional and really knows this business. She made the process (both times) so seamless and easy. She and her team kep…t me informed every step of the way. I would use her again and highly recommend her for all your loan needs.

Cindy G.

Verified Customer
5.0

I would highly recommend this company to anyone looking to refinance their home. Choosing to do a cash-out refinance on my home turned out to be an incredibly challenging situation filled with numerous roadblocks and an emotional roller coaster… of ups and downs. However, working with Taylor and Anita made all the difference in the world. Throughout the entire process, they provided constant reassurance, deep comfort, and kept my anxiety levels at a manageable level during moments when I felt completely overwhelmed. Their professionalism, empathy, and dedication went far beyond just processing a loan; they truly cared about my peace of mind. I am incredibly grateful for their unwavering support and couldn't have crossed the finish line without them.

Tami T.

Verified Customer
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HELOC: Best for flexible repayment and ongoing debt management

A HELOC lets you access funds as needed to pay off high-interest debt. With a revolving credit line, you can manage ongoing payments while benefiting from lower interest rates.

Cash-Out Refinance: Best for consolidating large amounts of debt at once.

Replace your existing mortgage with a new one and use the extra cash to pay off your debts. This option simplifies your finances with one loan and can help you save on interest.

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Home Equity Loan: Best for fixed payments and clear payoff timelines.

A home equity loan provides a lump sum at a fixed rate, making it ideal for consolidating debts with predictable, consistent monthly payments—without changing you current mortgage terms.

Frequently Asked Questions

You’ve got debt consolidation loan questions. We’ve got answers.

Can I consolidate all types of debt with a home equity loan?

Yes, you can consolidate various types of debt, including credit cards, medical bills, and personal loans, as long as you have enough home equity to cover the amount you wish to consolidate.

What are the benefits of consolidating debt with home equity?

Consolidating debt with home equity can lower your interest rates, simplify payments into one monthly bill, and free up cash flow by reducing your overall payment amount.

How can I use home equity to consolidate debt?

You can use home equity through a HELOC, Cash-Out Refinance, or Home Equity Loan to pay off high-interest debts like credit cards or personal loans. These options allow you to combine debts into one lower-interest payment.

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