Tackle high-interest debt with a cash-out refinance
Are high-interest credit card balances weighing you down month after month? It’s time to put your home equity to work. At the Kirby and Angie Mortgage Team, powered by Arch Mortgage – North, we help Northern Michigan homeowners use cash-out refinancing to eliminate revolving debt and create a clear path to financial freedom.
💰 What Is a Cash-Out Refinance?
A cash-out refinance allows you to replace your current mortgage with a new, larger one — and take out the difference in cash. That money can then be used to pay off high-interest debts like credit cards, student loans, medical bills, or even personal loans.
✅ Why Choose a Cash-Out Refinance?
1. Lower Interest Rates
Mortgage rates are typically much lower than credit card APRs. That means you could save thousands in interest by rolling your debt into a mortgage with better terms.
2. One Monthly Payment
Simplify your finances by combining multiple payments into a single, manageable monthly mortgage. No more juggling due dates and minimums.
3. Boost Your Credit Score
Paying off revolving debt can improve your credit utilization ratio — a key factor in your credit score.
4. Predictable Repayment
Choose a fixed-rate mortgage for long-term stability and peace of mind. No surprise interest hikes — just a steady plan you can rely on.
5. Long-Term Savings
With a lower interest rate and a structured repayment schedule, you’ll save more in the long run and reduce your financial stress.
🧭 How to Get Started with a Cash-Out Refinance
1. Know Your Equity
We’ll help you calculate how much equity you’ve built in your home and how much cash you could access.
2. Talk to the Kirby and Angie Mortgage Team
We’re here to explain every option and run real numbers — no pressure, just clear answers from trusted Northern Michigan mortgage pros.
3. Create a Payoff Plan
We’ll guide you through prioritizing which debts to eliminate first for maximum impact and savings.
4. Apply with Ease
Our online application is fast, secure, and simple. You can get started right now — no appointment needed.
5. Close & Conquer Your Debt
Once your refinance is complete, use your cash-out funds to pay off debt and breathe easier with one affordable monthly payment.
💡 Final Thoughts
You don’t have to live under the weight of high-interest debt. A cash-out refinance with the Kirby and Angie Mortgage Team could be the solution that puts you back in control — with fewer bills, better rates, and a path to long-term financial stability.
Let’s make your home work harder for you.
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See if you Qualify for a Cash-Out Refinance
We’re proud to serve homeowners across Michigan — and we’re ready when you are.
