Consolidate My Debt

Posts Tagged ‘first time home’

I am looking to buy a property in Columbus, Ohio. I have been approved for a ,000 loan (Not looking for a fancy house, just something small that suffices my needs), but I have slightly over ,000 worth of credit card debt. Is it possible to buy a home for, let’s say ,000, and then increase my mortgage to ,000 by adding my credit card debt to the loan?
Is there any possible way to do this?
Thank you in advance!!!!!!!!!!!
Also, I’m a first-time home buyer
–I don’t have student loan debt.
I only have Credit Card debt.

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Hi,

I’m a first-time home buyer with excellent credit ( around 740’s ) and I’m in the process of buying my first home. I have some credit card debt that I would like to roll into my mortgage. This would help me out significantly from a cash flow perspective. What are my options and how would this effect my rate. I also have about 5% down saved up.

Thanks.

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