can i get a mortgage with credit card debt

Consolidating Debt With a New Purchase Mortgage – The Mortgage. – I also have $15,000 of credit card debt at 12% that I would love to get rid of. The loan officer says I can roll it into a new $285,000 30-year.

not fha approved condo most accurate home affordability calculator mortgage affordability calculator – How much mortgage can you afford. – Use the Money advice service mortgage affordability calculator to find out. This tool will help you estimate how much you can afford to borrow to buy a to own homes how it works View Rent To Own Homes – How It Works – Explore the choices of homes for rent-to-own on the market, as well as looking for multiple lease option candidates. step Two: Create a draft of an offer that works for you and the seller. Become familiar with the terms purchase price, rent per month, option fee, option credit, option period, property tax, HOA fees and more.Any Reverse Mortgage Programs for Condos NOT Approved? – Our new platinum reverse mortgage program will work on non-fha approved condo’s with a minimum appraised value of $350,000. Please reach out to us at (800) 565-1722 or request your quote online. Please reach out to us at (800) 565-1722 or request your quote online.

5 Reasons You Shouldn’t Refinance a Mortgage to Pay Credit. – 3. You Must Pay Your Debt for a Longer Time Period. Unfortunately, it will likely take you much longer to repay your mortgage and credit card debt if you add to your mortgage balance. Mortgage loans are normally repaid over a period of 15 to 30 years, depending on your mortgage terms.When you refinance and lump your credit card debt with your mortgage, you are essentially paying your credit.

7 Ways to Get Out of Credit Card Debt – –  · According to, about 40 percent of Americans carry credit card debt from month to month without paying it off. The website also says the average interest rate on those credit cards is more than 13% but did you know that there are 7 ways to get out of credit card debt?

Consolidating Debt With a New Purchase Mortgage – The. – Consolidating credit card debts in a new purchase mortgage may lower total payments, but in most cases it will make the purchaser poorer. This is true in the case described below. "I have $30,000 in cash for a down payment on the $300,000 house I am purchasing. I also have $15,000 of credit card debt at 12% that I would love to get rid of.

If you have significant credit card debt & pay extra each month, you can really eat into. Credit card use can quickly get away from us if we aren't careful. Forbes.

How to Use Debt to Your Advantage – If you never miss a payment, but use $9,500 of your $10,000 credit limit, you’re still tarnishing your credit and making it harder to lease a car or mortgage. "Credit card debt is like an invasive.

harp loan interest rates The harp program guide – – HARP program includes No underwater limits. Borrowers will now be able to refinance regardless of how far their homes have fallen in value. Previous loan-to-value limits were set at 125 percent.

Mortgage Mistakes: What NOT To Do Before Applying for a Mortgage – Even if you have excellent credit, resist applying for ANY type of credit card 3-6 months before applying for a mortgage – and during the lending process of course. Not only does the inquiry "ding" your credit for a while, but should you be approved, you need to know that the mortgage lender will actually view any unused lines of credit more.

Can I Afford to Buy a Home With Credit Card Debt? – Blog – To determine what you can afford, use our mortgage affordability calculator. tags: credit card debt mortgage mortgage affordabililty Mortgages.