2007-03-06 06:17:36 · 6 answers · asked by Brad H 1 in Business & Finance ➔ Renting & Real Estate
No, lenders don't really like to do that. Just go to your bank and ask for a personal loan. You can pull out a home equity loan and use that to pay off your debts.
When we refi'd a couple months ago, they wouldn't let us go more than 90% to the value of the home. If you already own your home and have some equity in it, certianly you can refi it and pay off your debts with the extra.
Good Luck!
2007-03-06 06:22:44 · answer #1 · answered by Jo 6 · 0⤊ 0⤋
As a last resort, yes. It is better to try to get your bills consolidated at an overall lower rate than to couple them with your house and pay a higher rate for what you owe on your house.
On the Yahoo home page go to the Search box and type in "Debt relief". This will bring up several options. Call them and see if one of them can help you. (Note: Check three or four and see which will give you the best deal) Good luck.
2007-03-06 14:30:18 · answer #2 · answered by don n 6 · 0⤊ 0⤋
I don't know why you would want to but you could, if the home your are buying appraises at more than the asking price. Or you could get a HELOC if you already own the home and have equity in it. I would again advise against this, why would you pay 30-50 years of interest on a few thousand cups of coffee you put on your credit card at Starbucks?
2007-03-06 14:24:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
no, but you can probably consolidate all your debt. You don't want to pay of your debts in a 30 year loan.
2007-03-06 14:20:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I may be able to get you a 125% Ltv refinance. Contact me if you're intersted.
msmith@premierloangroup.com
513-860-2940 ext 10
Martin Smith
2007-03-06 14:24:03 · answer #5 · answered by Martin S 1 · 0⤊ 0⤋
i can do it.
2007-03-06 15:47:32 · answer #6 · answered by Sammy G 1 · 0⤊ 1⤋