Can refinance my first mortgage to pay off debts is a good thing?
Times are tough, and I pay a huge sum of credit card debt and said that I did not have enough equity a HELOC because my house was worth it because of the seizures in my area. I had to tell me my best option 2 is my 1 Mortgage Banks, which would save me a better chance of winning because my first month refinancing refinance Hyp. they would be able to approve me for a bigger loan, in exchange for paying your credit card over to my house for 15 years. I have the option of a 20 or 30 years years. Is this the best option? My credit card payments are more than 15% interest, which would be to refinance my 5.50%