Jason asked:


My wife and I have about $15,000 in conventional debt in addition to her $70,000 in private student loans. Would it be wise to consolidate the conventional debt and the student loans, or will this hinder our intentions to purchase a home?
My wife and I have about $15,000 in conventional debt in addition to her $70,000 in private student loans. Would it be wise to consolidate the conventional debt and the student loans, or will this hinder our intentions to purchase a home?

I should mention that the intention is to lower monthly payments on everything as much as possible to hopefully boost the total approved amount for the mortgage.

Private student loans are not government-subsidized, and therefore aren’t forgivable as federal loans would be under certain circumstances.

Mario

Bonnie B asked:


I am looking to buy a house. I need about 3500 dollars for a down payment. The new tax credit would be available 4-6 weeks after closing. Is there anyway I can get a personal loan for the down payment and then use the money from the tax credit to repay the loan. Hopes this makes some sense. Any help from those who are not rude (as i have found on this site) is greatly appreciated.

Patrick

shorty6102 asked:


me and my soon to be husband are trying to buy a house but both of our credit it bad and have been thinking about trying to get a debt consolidation loan but for sure how they work
i just looked at my credit score and it’s was alot less than a figured it to be…there is alot of things on there that have been charged off for non payment will a debt consolidation loan help me clear those things off too

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