Consolidate your debt into one easy payment

High-interest debts can snowball and put you through a financial wringer. Fortunately, homeowners can use their home equity to consolidate all of their debts and loans into one single payment, and pay off the debt at a much lower interest rate, over a convenient mortgage term.

Apply NOW
Consul Icon

Best Mortgage Since 2006.

Debt Consolidation is a great way to take control of your finances and stabilise your credit line.

Benefits of taking out a debt consolidation mortgage:

  • Lower Interest rates 
  • Lower monthly payments 
  • Access to more borrowing 
  • Improve your credit score 
  • Possible tax deductions

Types of loans you can consolidate:

  • Credit Cards
  • Store Card Debts
  • Hire Purchase Loans
  • Personal Line of Credit
  • Student Loans
  • Personal Loans
  • IRD Payments
  • Tax Debt Arrears
Real Estate Investment

What Do You Need For a Lender’s Approval?

  • Solid credit history – a good credit line with no or fewer defaults and write-offs. Please note that we do have access to multiple lenders, who specialise in bad credit ratings and past defaults if required.
  • Financial stability – your assets against your liabilities and your earning potential should be good. 
  • Home equity – you draw a loan against the value of your home equity.
  • Proof of income – whether you’re salaried, a freelancer or a business owner, proof of income is important for approval. We’re able to assist with alternatives if you’re not able to provide proof of your current income.

Not sure if you qualify? Talk to us!

Platinum Mortgages has a dedicated team of mortgage experts, who specialise in bad debts and poor credit history and have successfully helped many Kiwi’s build a strong case for the banks and other non-bank lenders.

Call us on 0800 Lending or Contact Us today.