Posts Tagged ‘Loan Payment’

Where can I consolidate to one loan payment with high debt to income ratio?

jana_mcnutt asked:


I have good credit in the 600′s, I just have a high debt to income ratio. I have about 4 personal loans I want to consolidate. One is already with Prosper, so that is out. I just want to have one payment. My debt for these loans is about $20,000. I am not a homeowner either.

Kathy
 

Is it recommended to have zero debt before applying for a home loan?

jay s asked:


Loan amount is nealry 465K. Interest rate is another issue. I am not sure how it is going to be. But the main concern is that does it matter applying with some debt or with Zero debt for a home loan? What is the monthly payment going to be?

Renee