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A perk of having a home is the chance to get rid of your high interest debt by using the equity in your home to condense your debts. debt conolidation can eliminate hundreds of dollars in monthly multiple payments. You should be able to recieve close to 125% of your home's value through a first trust deed. The interest on your mortgage might even be a tax write off, (consult a tax specialist). Obtaining a home loan to consolidate your debt is usually simple.
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