Debt Buster Loan

Debt Buster Loan

Your home can help take your finances to a better place

Put your equity to good use

Pay down your debt with this refinancing deal.

Get more money

Finance between $10,000 and $726,200, depending on your equity situation.

Choose your terms

Our Debt Buster loan comes with fixed rates with terms up to 30 years.

Cash-out option

Borrow more than your mortgage balance, and use the extra money to pay off higher-interest debt.

Reduced costs

Save with lower interest rates and receive a $1,000 closing cost credit when you close your refinanced mortgage.

Medical problems, major repairs, education costs, credit card purchases. There are countless reasons why you might be faced faced with a large debt load. At Credit Union ONE, we can help you tackle this issue head-on. By refinancing your home at a lower rate - and borrowing some extra cash at the same low rate - you can pay off all that higher interest debt and get your finances back to a more comfortable place.

  • Competitive rates
  • No Private Mortgage Insurance (PMI) required
  • Cash-out feature available for debt above 80% LTV
  • Refinancing for primary residences only
  • This first-lien loan is for debt consolidation only, not home improvements
  • Personalized service from experienced Mortgage Counselors
Run the numbers

See how your money can grow over time.

Credit Union ONE is a full-service financial institution with locations in Southeast Michigan, Davison, MI, Traverse City, MI, and Grand Rapids, MI.

Put a debt-payoff strategy in place.

The calculator tools are not guarantees of credit. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes.