Posts Tagged ‘Buy House’

Is it hard to buy a house with student loan debt?

Posted in Personal Credit on 03/03/2011 03:25 pm by
anonymous asked:


I am going back to school and I have accumulated alot of debt from school loans. Do they look at school loan debt the same as any other debt? Will my credit and income play a big role and make up for all the debt?

Edna
 

is it possible to use a home loan to pay off credit card debt?

Posted in Renting & Real Estate on 01/10/2011 10:33 pm by
Matt H asked:


I have a total of $7000 of credit card debt with a high interest rate. I would like to buy a house but cannot afford both the credit card payment plus a house payment. I have an excellent credit score with all three agencies.

Is it possible to obtain a home loan that I could use to pay off the credit card debt? If so, any advice?

Rosemary

 

How can I get a debt consolidation loan? Everybody’s turning my husband and I down for too much credit?

Posted in Everyday Life on 02/24/2010 09:41 pm by
Jenn asked:


My husband and I are trying to straighten out our finances because we have a lot of debt (credit cards mostly) and we want to buy a house. Everyone tells us that getting a a debt consolidation loan will help because we can combine all of our debts into one monthly payment, but we kept getting turned down or offered a low amount because we have too much credit being used. What’s the point of a debt consolidation loan if your too much in debt?

Eileen
 

Is it worth paying stud loan debt quicker or saving for house down payment?

Posted in Debt Management on 06/16/2009 01:36 am by
wow asked:


I don’t HAVE to ever buy a house because I’m single (&planning on staying that way) and happily sharing a large house with a roommate(only $450/mo.). I make about $3300/mo., but I have a $36,000 stud loan I’m paying on. I have no other debt and I can write-off the interest from the stud loan on my taxes.

I’ve been paying double payments on that loan recently, but I’m wondering if this is a bad idea. Should I only pay the minimum payments instead and save for a future house down payment in case I change my mind??????????????????

Alice