Consolidation Loans/Refinance?

We purchased a home this year. We have several other debts (small personal loan at a bank, loan at a finance company, two car loans) We would like to borrow money to pay off these debts, not accumulate anymore, and have one monthly payment. We don't know alot about the different loans out there so I wondered if anybody out there could help me. Thanks

Thanks for the responses all. I'm going to check out those sites suggested and try to get a better grasp on what I am looking at here. I figured my "smaller" bills and the payments are about 1100 a month. What I am looking for I guess is a loan to pay all of those off and maybe have a payment of 500, saving me 600 a month. I would still have my house payment, that wouldn't be a problem once the smaller bills were paid off. It's a struggle right now because of all those other payments...so I think getting them consolidated into one payment would be alot easier to manage and hopefully save us some money every month.

Consolidation loans are a rate/term refinance. You can cash out on the equity of your home up to 100% of the value but you don't want to do that since you want one payment. So I would suggest only refinancing and cashing out to 80% Loan to value. Since you only want one loan and payment this would be your only road to travel.
Options:
You still have all the options that lenders offer, 15, 30, 40 year fix. Interest only, pay option arm..etc..etc.

Advice: 30 year fix is good because rates are going up and as of right now there is no way to tell when they will stop.
Or you can get the best of both worlds and take a 30 year fix interest only. This product is Interest only for the first 10 years of the loan and than turns into the full 30 year fix payment on the 11th year. What is great about this product is you have the option to pay either interest only or full 30 year payment for the first 10 years. Hey things happen and this only helps you prepare for weird emergencies.

If you need additional help on programs please email would love to help.

This site has really good info that may help

Lots of info here.

debt consolidation

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is:

http://umgarticles.atspace.com/debt-cons...