Direct Loan Consolidation Services for Students
Consolidate your Student Loans, Get a Direct Loan Consolidation

Are your monthly payments manageable?

If you have trouble meeting your monthly payments, have exhausted your deferment and forbearance options, and/or want to avoid default, a Direct Consolidation Loan may help you. Use our online calculator to find out what your monthly payments would be under each of our repayment plans.

Too many monthly payments driving you crazy?

If you send payments to more than one lender every month, and want the convenience of a single monthly payment, consolidation may be right for you. With a Direct Consolidation Loan, you will have a single lender - the U.S. Department of Education - and a single monthly payment.

What are the interest rates on your loans?

If you have variable interest rates on your Federal education loans, you may want to consolidate. The interest rate for a Direct Consolidation Loan is fixed for the life of the Direct Consolidation Loan. The rate is based on the weighted average interest rate of the loans being consolidated, rounded to the next nearest higher one-eighth of one percent and can not exceed 8.25 percent. Use our online calculator to find out what your weighted average interest rate would be if you consolidate with us.

How much are you willing to pay over the long term?

Like a home mortgage or a car loan, extending the years of repayment increases the total amount you have to repay.

How many payments do you have left on your loans?

If you are close to paying off your student loans, it may not be worth the effort to consolidate or extend your payments.

Source: http://www.loanconsolidation.ed.gov

Debt Consolidation Services: Get Second Mortgage to Consolidate Your Bills

Credit Card Debt Consolidation for People with Bad Credit

Mortgage Financing Options for People with Bad Credit

Homeowner, get a mortgage refinance and consolidate your high-interest bills and credit card bills with a refinance bill consolidation loan. Reduce your monthly payments by consolidating multiple payments into one single, lower interest payments. Your interest may be tax deductible.

Apply for Debt Consolidation Loans. Bad Credit Welcome

* pay off your high-interest bills
* combine two mortgage payments into one.
* refinance your first mortgage and consolidate all of your bills into one single payment.

Benefits of getting mortgage refinance to consolidate bills:

* Lower your monthly payments
* Fixed and adjustable mortgage rates to choose from
* Flexible terms that meet your budget. Choose from 5 to 30 years mortgage terms.
* Same amount of monthly payments
* Spend you cash to consolidate your bills or for other expenses.
* Get out of debt quicker and take advantage of potential tax savings (consult your tax advisor about tax deductible interest).

No Income Documentation Loan to Consolidate Your Bills - No Doc Loan

Do you know that you may be eligible for 100% financing even though you have bad credit or may not be able to document income. Read below if you can get pre-approved for a bad credit mortgage (subprime loan) and to determine if you qualify for a second mortgage loan to consolidate all your bills.

100% Mortgage Financing For First Time Homebuyers. No money down and Full Income Documentation!

Adjustabe Rate Mortgage for People with Bad Credit:

Borrow $100,000 to purchase a new home. Various mortgage options are available:

2 Year Adjustable Rate Mortgage (Fixed Rate for 2 years; variable rate for 28 years)

1st Mortgage representing 80% of the purchase price = $80,000 @ 7.175% = $ 541.68 per month.
2nd Mortgage representing 20% of the purchase price = $20,000 @ 11.25% = $ 194.25 per month.

Your total monthly mortgage payment is $ 735.93 plus taxes and homeowners insurance

3 Year Adjustable Rate Mortgage (Fixed Rate for 3 years; variable rate for 27 years)

1st Mortgage representing 80% of the purchase price = $80,000 @ 7.425% = $ 555.26 per month.
2nd Mortgage representing 20% of the purchase price = $20,000 @ 11.25% = $ 194.25 per month.

Your total monthly mortgage payment is $ 749.52 plus taxes and homeowners insurance

5 Year Adjustable Rate Mortgage (Fixed Rate for 5 years; variable rate for 25 years)

1st Mortgage representing 80% of the purchase price = $80,000 @ 7.675% = $ 568.99 per month.
2nd Mortgage representing 20% of the purchase price = $20,000 @ 11.25% = $ 194.25 per month.

Your total monthly mortgage payment is $ 763.23 plus taxes and homeowners insurance

30 Year Fixed Rate Mortgage

1st Mortgage representing 80% of the purchase price = $80,000 @ 7.825 = $ 577.28 per month.
2nd Mortgage representing 20% of the purchase price = $20,000 @ 11.25% = $ 194.25 per month.

Your total monthly mortgage payment is $ 771.53 plus taxes and homeowners insurance

40 Year Fixed Rate Mortgage Due In 30 Years

1st Mortgage representing 80% of the purchase price = $80,000 @ 7.925 = $ 551.75 per month.
2nd Mortgage representing 20% of the purchase price = $20,000 @ 11.25% = $ 194.25 per month.

Your total monthly mortgage payment is $ 746.00 plus taxes and homeowners insurance

Borrow $250,000 as follows:

2 Year Adjustable Rate Mortgage (Fixed Rate for 2 years; variable rate for 28 years)

1st Mortgage representing 80% of the purchase price = $200,000 @ 7.175% = $ $1,354 per month.
2nd Mortgage representing 20% of the purchase price = $50,000 @ 11.25% = $ $486 per month.

Your total monthly mortgage payment is $ $1,839.82 plus taxes and homeowners insurance

3 Year Adjustable Rate Mortgage (Fixed Rate for 3 years; variable rate for 27 years)

1st Mortgage representing 80% of the purchase price = $200,000 @ 7.425% = $ 1388 per month.
2nd Mortgage representing 20% of the purchase price = $50,000 @ 11.25% = $ 486 per month.

Your total monthly mortgage payment is $ $1,873.80 plus taxes and homeowners insurance

5 Year Adjustable Rate Mortgage (Fixed Rate for 5 years; variable rate for 25 years)

1st Mortgage representing 80% of the purchase price = $200,000 @ 7.675% = $ 1422 per month.
2nd Mortgage representing 20% of the purchase price = $50,000 @ 11.25% = $ 486 per month.

Your total monthly mortgage payment is $ $1,908.10 plus taxes and homeowners insurance

30 Year Fixed Rate Mortgage

1st Mortgage representing 80% of the purchase price = $200,000 @ 7.825 = $ 1443 per month.
2nd Mortgage representing 20% of the purchase price = $50,000 @ 11.25% = $ 486 per month.

Your total monthly mortgage payment is $ $1,928.83 plus taxes and homeowners insurance

40 Year Fixed Rate Mortgage Due In 30 Years

1st Mortgage representing 80% of the purchase price = $200,000 @ 7.925 = $ 1379 per month.
2nd Mortgage representing 20% of the purchase price = $50,000 @ 11.25% = $ 486 per month.

Your total monthly mortgage payment is $ $1,865.01 plus taxes and homeowners insurance

Option ARM loan programs - Adjustable Rate Refinance Mortgages - You will note many variations of this innovative home financing product on the market: PayOption ARM, Pick-A-Payment Loan, 1 Month Option ARM, Cash Flow Option Loan, LIBOR (or 12-MAT) Pay Option Loan, etc. It is important to shop carefully for an option ARM or Adjustable Rate Mortgage and investigate several loan products, to find the one best for you.Option ARM loan programs vary in the initial rate, negative amortization and lifetime caps, ARM index, or optional features, however, when comparing option ARM's/Adjustable Rate Mortgages, pay close attention to the margin and the fully indexed rate. Keep in mind that the initial interest rate holds only for the initial timeframe - x months, 1 year, 3 year, or 5 year.

Features to compare with different Option ARM loans:

Loan Term - Option ARM loans are available for 30 or 15 years.

Initial Interest Rate (Note Rate)

Your Minimum Payment Rate or 'Start Rate'. It may vary from 7.1% up to 7.925% and depends on your Loan-to-Value Ratio (LTV).

Initial Interest Rate Period (Introductory Period, Initial Fixed-Rate Period)

Option ARM loans are available with an initial introductory period, usually of 1, 3 or 6 months, 2-5 years, after which the interest rate may change.