Debt consolidation is a form of debt refinancing that entails an accredited licenced Financial Broker source a new tailored financial product
to help the client take out one new loan to pay off some or a number of existing loans. Rather than running several separate loans,
an investor might refinance to bring all such loans together under a single umbrella loan. This of course makes sense when a borrower
wishes to eliminate the duplication or triplication of fees and charges on multiple loan accounts.
The benefit of consolidating debt – a process central to RMR’s Wealth Creation strategy is accessing the lowest possible interest rate
to the client’s entire debt loading. Additionally, debt consolidation also simplifies the maintenance and servicing of the client’s
investment portfolio as the consolidation process brings together multiple loan points into a single loan.
The resultant benefits being cost and time and significant monetary savings.
Debt Consolidation is core to RMRs wealth creation and property acquisition strategies. RMR has developed a network of finance provider’s
who will provide its clients with unique non-retail funding products. Major lenders and fund sourcing firms have partnered with RMR
to provide clients with direct access to their funding products with industry best rates.
