Debt consolidation

Consolidating debt could turn high-interest debt into a lower-rate, single payment. This can often help you save money and build stability faster.

We'll guide you through the best option based on your specific needs.

Home Equity Loans from Rocket Mortgage and Personal Loans from Rocket Loans let you keep your current mortgage rate and are a separate loan.

Cash-out refinances replace your existing mortgage with a new one, so that's better for if your loan rate is higher than current rates.

Paying off high balance debts can help credit profiles improve. Focus on paying off the highest balances and highest interest debts first and free yourself.

Sometimes! We'll handle the process and let you know if an appraisal is necessary so there's no surprises.

You can borrow up to 80% of your home's value, and even more if you're a Veteran. You'll typically need at least 20% equity leftover after tapping into equity.

We can't pay creditors directly. Depending on your situation, we'll either issue checks made out to your creditors and mail them to you for delivery, or we'll send your cash funds to you by wire or check so you can choose which debts to pay on your own. We'll talk through which option is best for you, based on factors like your debt-to-income ratio and loan details.