REFINANCE Resource Center.


Is refinancing a good idea?
Debt consolidation: managing your expenses

Cashout Refinance

If you need to consolidate debt, remodel your house or buy a car, consider a Cashout Refinance. There may be tax deductions (please consult a certified tax professional), plus interest rates are often lower than other types of loans.

Is Refinancing a Good Idea?

Refinancing may be a good idea if you...

  • want to get out of a high interest rate loan to take advantage of lower rates. This is a good idea only if you intend to stay in the house long enough to make the additional fees worthwhile.

  • have an adjustable-rate mortgage (ARM) and want a fixed-rate loan to have the certainty of knowing exactly what the mortgage payment will be for the life of the loan.

  • want to build up equity more quickly by converting to a loan with a shorter term.

  • want to draw on the equity built up in your house to get cash for a major purchase or for your children's education.

Debt Consolidation: Managing Your Expenses

Consumer debt is at an all time high. Whether your debt is the result of an illness, unemployment, or overspending. It can seem overwhelming, but don't despair. Legal debt consolidation alternatives can help you regain your financial foothold.

The first step toward taking control of your financial situation is to do a realistic assessment of how much money comes in and how much money you spend. Start by listing your income from all sources then list your "fixed" expenses — is a helpful way to track spending patterns, identify the expenses that are necessary, and prioritize the rest. The goal is to make sure you can make ends meet on the basics: housing, food, health care, insurance, and education.

Call me at 800.739.7061 or apply online to see if I can find a workable solution for your refinancing/ debt consolidation needs.


Equal Housing Lender
Branch NMLS #259565
Ken Roe NMLS # 245106

Sierra Pacific Mortgage Company, Inc. DBA "Just Home Loans"

We are licensed to do business in California.
Licensed by the Department of Corporations Residential Mortgage Lending Act — license #8171012
Please call for details on loans available in additional states.

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