SmartMoney Monday: Expert Offers Tips on Home Buying and Debt Co - Hawaii News Now - KGMB and KHNL

SmartMoney Monday: Expert Offers Tips on Home Buying and Debt Consolidation

HONOLULU (HawaiiNewsNow) -

We continue to tackle the topic of home buying and debt consolidation. Alan asks: “In the process of buying a new home, is it possible to take out a mortgage larger than the price of the home? For example, I have several credit cards that I want to pay off and close, but don't have the cash to pay it off prior to buying home. Am I able to ask for $10,000 above the cost of the home and include that in my mortgage amount?”

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