Debt Buster Loan

Debt Buster Loan

Your home can help take your finances to a better place

Put your home equity to good use

Pay down your debt with this refinancing deal.

Get more money

Finance between $10,000 and $806,500, 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.

Medical problems, major repairs, education costs, credit card purchases. There are countless reasons why you might be 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 in Michigan.

  • 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.