Home Debt Consolidation

home debt consolidation
Found a home that has equity is there a lender that will do first mortgage and debt consolidation in one loan

I have debt that I want to consolidate into a home purchase, since I found a home that is priced well below appraised value. Since there is already equity is there a lender that will do a first mortgage and second at the same time? This would reduce my debt to income and put me into a better financial situation since I would only have one payment would be lower.

It is going to be tough to get more than the purchase price of the home. There are a few lenders who might be willing to lend 125% but the interest rate will be on the higher side.

You will not know for sure till you ask around and do your research. Use a site like Bills.com to get quotes from multiple lenders, that way you will know the chances of getting the kind of loan you are looking for.

You can put your information at:

https://www.bills.com/homeloan/purchase/

Debt Consolidation Home Loan -Demand The Best


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