AKHILESH S
|
You can make money here - http://www.earnextramoney.in |
|
bud68
 |
No mortgage lender is going to lend more than the house is worth - that would amount to an unsecured loan. You need to clean up the other debts before you buy a house. |
|
RainWater
 |
If you can get enough then get a line of credit. Take whatever out of it for your downpayment and pay off your bills with it.
Depending on your interest rate, eventually you could role the outstanding balance into a home equity line of credit (lower interest) and pay off other line of credit. |
|
fm21
|
some loan officer might do it for you but it is evry risky on their part. |
|
~girlfriday~
|
Pay the bills and THEN shop for a mortgage. It's really the only way you're going to be successful in achieving your goal of home ownership. |
|
ʎʞɔoɹ
 |
Yeah if the house is appraised for more than the loan amount, you can get a mortgage for full value of the home and use the left over money to pay bills, do upgrades, etc.
You'd better have good credit though. |
|
vixxen
|
I gave you a star, cause I like this question. I have bad credit and bills up my A@@! I would like my own home, but I dont think I will ever achieve that with a chronically ill toddler, no health insurance, hospital bills, etc. Let me know what you hear! PLZ! good luck! |
|
~Jen~
|
We just recently bought a home, and we had a question similar to yours. We wanted to get extra money to remodel the home. Unfortunately most banks will not loan money over the home value. So we ended up not buying that home.
What you could do, when picking out a home, find one that has equity already built up. ( This would be a home that is selling for much less that appraised for). That way you already have equity in the home, and could later refinance and possible consolidate all your bills.
Good Luck |
|
Angels108
|
Yes you can consildated your bills through a consildated government |
|
curiosity SAVED the cat
|
www.debtconsolidation.com
Good Luck! |
|
3595
 |
I'm pretty sure that if you get a mortgage, and have left over cash, you can spend it on your bills. Just get a higher mortgage than you need. |
|
Alice
 |
take out a loan
thats the only way dude |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
