By refinancing your home loan to consolidate debts with a mortgage broker you could:
Consolidate credit card debt and personal loans
Refinance to a better home loan with a lower interest rate and useful features
Get cash out to renovate your home or invest in another property etc.
The idea of debt consolidation is simple. It means bringing all of your personal debts together or consolidating your debts. Having multiple debts, particularly if they have high-interest rates can be stressful. If you have equity in your home you may be able to refinance and consolidate all your debts into one payment at home loan rates.
With a debt consolidation loan, you can enjoy flexible payment options and a simplified loan. Regardless of what debts you are consolidating: credit cards, personal loans, other debts or a combination of debts, a reputable mortgage company should be able to assist you.