Comments on: Can I use a mortgage loan to pay debts (student loans, car, etc.) and place a down payment on a home?

By: gupta b

gupta b — Thu, 28 Aug 2008 06:58:19 +0000

Try the links in for all information on mortgages

By: J O

J O — Mon, 25 Aug 2008 15:36:33 +0000

I am a mortgage banker (not broker, big difference) there are a ton of things that we can do to pay off you debts using your home equity please feel free to email me and questions that you may have.

By: edward I

edward I — Sat, 23 Aug 2008 18:36:06 +0000

You may, if you can buy a house well under the market value, and it is worth more than you pay for it and the extra value is enough to cover your debts. The mortgage will have to be equal to or less than your total debt. Your credit would have a bearing on it.
Tough order!
Good luck.

By: Black Kat

Black Kat — Thu, 21 Aug 2008 06:44:59 +0000

You can get a mortgage with cash out.