Some may argue that the easiest way to put your in jeopardy is to try to consolidate credit card debt by taking a home equity loan to pay off your credit card debt. While financial institutions will advertise the advantages of paying off high interest credit card debt with a home equity loan... This is also perhaps why mortgage brokers charge high for closing fees. A percentage of the closing fee you pay on a mortgage goes to the mortgage broker's personal funds. This, along with a few more fees, stands as their salary.
