Loan consolidation
Loan consolidation
Usually referenced in terms of student loans. This process allows students to combine several educational loans into one new loan, extending the loan repayment period, and permitting one monthly payment. This is generally a relief to newly graduated students since the combined loan repayment is substantially less than paying several loans each month.
Find Mortgage Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
5.03 |
| 15 yr fixed |
4.58 |
| 5/1 ARM | 3.99 |
Rates may contain points
