Can you include your debts in your mortgage?

Yes, it is possible, and you could even save a significant amount if you consolidate all your high interest rate loans and all your credit card mortgage balances. The interest rate on your mortgage is usually much lower than the cumulative rate of your various loans. In addition, you have a free spirit to know that you have only one payment to make. It is possible to borrow up to 80% of the net value of your property.

Debt consolidation is worth considering if you have difficulty budgeting, if your income has decreased or if you find that your interest rates are too high. This is a measure that allows you to regain control of your debts. Your debts will be spread over a number of years at a lower rate. Do not hesitate to contact a Multi-Prêts broker for advice on the best options available.

Learn More: How To Consolidate Your Mortgage Debts

Can you include your debts in your mortgage?

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