You can consolidate your credit card debt through use of your first mortgage or by obtaining a second mortgage or a home equity line of credit, also known as a heloc. A heloc works with the same basic principals of a credit card. It is a revolving account that as you pay the equity line down, you have that money available to you to use again. With a second mortgage you simply have a set term (5 years, 10 years, 15 years, etc) that you will pay on the loan for and when it is paid off you are relinquished of your obligation to this debt and the account closes. All three (1st mortgage, 2nd mortgage or heloc) are excellent choices for debt consolidation but you and your mortgager broker will need to figure out which one makes the most sense for your particular situation.

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