Don%26#039;t know about doing it if you are buying a home. If you own a home and have enough equity in the home you can do it. I wouldn%26#039;t count on it, if your just buying.
Is it possible to buy a home and consolidate credit card and auto loan debt in with your home loan?
You would need to have instant equity in the home that you purchase. In other words, it would need to appraise for the home loan plus the amount you are trying to consolidate. But yes, it is possible.
Is it possible to buy a home and consolidate credit card and auto loan debt in with your home loan?
Not on the purchase. However, there are loan programs that will allow you to refinance the home anytime without penalty and will allow for increase in value if an appraisal supports it.
Here is some additional info. Hope this helps.
Is it possible to buy a home and consolidate credit card and auto loan debt in with your home loan?
Check out some really good advice on that in the articles on debt consolidation and debt relief at http://www.hammocksurvivalguide.com/
No comments:
Post a Comment