Is high-interest credit card debt getting in your way?

For millions of Americans, high-interest credit card debt gets in the way. They need to buy something important for the family but can’t, because too much of the monthly budget goes toward credit card debt. At interest rates like 14%... 19%... even 24%, that can really add up. But Mr. Cooper customers have found a solution.

They used their home equity to pay off that high-interest debt**.

Customers have lowered their monthly debt payments an average of $538 a month*



Call or submit this form and we can quickly talk about your options.


Like Joan from Corona, California. Her refinance loan lowered her debt payments by $546 a month. Michael from Charlotte, North Carolina refinanced his home loan, lowering his overall debt payments by $538 a month. And Zach from Springfield, Illinois lowered his debt payments by $518 a month, thanks to his cash out mortgage debt consolidation.

Actor portrayal of actual customer experience. Your results will vary and you may not have similar results. Payment reduction comparisons between total minimum debt monthly payments before and after refinance.

*Average monthly debt payment reduction figures based on Mr. Cooper refinances from July – December 2017 in which a customer paid off at least one non‐mortgage debt. Comparison between total minimum monthly payments before and after refinance. Individual results will vary.

**A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter‐term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or high interest rate debt. By refinancing your existing mortgage, your total finance charges may be higher over the life of the loan.

This is not a commitment to lend. All loans are subject to credit and property approval. This offer is non-transferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.

Mr. Cooper respects your privacy and treats your confidential information as such. For information, please review our Privacy Policy.