SmartMoney Monday: Expert Offers Tips on Home Buying and Debt Consolidation
Smart Money Monday: Expert Offers Tips on Home Buying and Debt Consolidation
August 31, 2015 at 1:54 PM HST - Updated July 9 at 7:42 PM
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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