Mortgage in arrears is when you have not made the required payments on your home loan.
This includes missed repayments, late and overdue payments.
Consolidating debt with a home equity loan could be a good option. You may have high interest credit cards, loans and mortgages. This is the practice of rolling all your debts into a single, monthly bill.
2014)When monthly bills get out of hand, debtors frequently look to debt consolidation.
However, minor arrears due to a one off event can be dealt with directly with your lender usually without the need to refinance.