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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

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5.0

I had the pleasure of working with TJ recently on two transactions. TJ has ALWAYS been a great lender, well respected in our community, communicates to all parties involved in a timely manner and helps each client understand all their options. She is patient and very knowledgeable. I would recommend TJ for any client looking to purchase a new home or to refinance a mortgage loan.

Christina K.

Verified Customer
5.0

Tyler was great to work with throughout the entire process. He was very responsive, knowledgeable, and always took the time to answer my questions and keep me updated. The whole refinance process was smooth and straightforward. I really appreciate his help and would definitely recommend him. Thank you, Tyler!

Fouad Z.

Verified Customer
5.0

Stacey is a pleasure to work with. She kept me up to date and on track for my refiannce.

Joe C.

Verified Customer
5.0

I cannot say enough wonderful things about Karylle & her team and the entire experience we had. From the very beginning, they were incredibly patient, understanding, and thorough. They took the time to explain every step of the process in detail and always made sure we understood what was happening. What stood out the most was that they genuinely cared about us as people, not just as clients. They took the time to understand our family, our situation, and how important this home was to us. During what can be an incredibly stressful process, they were always reassuring, responsive, and willing to answer every question we had. We truly felt like we were more than just another loan application. They treated our family with kindness, respect, and genuine care, and that meant so much to us. I would 100% recommend them to anyone looking to purchase a home or refinance. If you want someone who is knowledgeable, patient, detailed, compassionate, and truly invested in helping you succeed, look no further. We are so grateful for everything they did to help our family get into our new home! 🏡❤️

Amber B.

Verified Customer
5.0

Murdock has been our go-to "mortgage man" consistently for over 25 years. He has financed and refinanced our homes and our daughter's homes as well. He goes way beyond just getting us the best rate and mortgage. He cleaned up a credit issue we didn't know about and takes a genuine personal interest in wanting to know us and our family. I have referred many friends to him over the years and they have all been very pleased. I will continue to refer him!

Chris T.

Verified Customer
5.0

Cam did an amazing job explaining everything from day 1 and guiding us every step of the way. He was on top of things and ensured we never missed a task or action item or deadline. I appreciated how prompt Cam was in responding to any question, even if it was after work hours. I would highly recommend Cam to anyone looking for a mortgage and if I ever feel the need to refinance, I'll reach out to Cam without any hesitation.

Atif M.

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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