Saturday, August 13, 2011

How likely is it that a bank would consolidate other debts with a new mortgage loan?

I am looking at purchasing a house but it would be much more affordable to do so should my other two major debts be consolidated into the mortgage. How likely is it that this is even a possibility? The two debts would include the last year and a half of my car loan (about $7500) and credit card debt. I would have a co-signer on the mortgage.

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