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Can we get a loan on a house and get extra on the loan to pay debt?

Posted on: 27th Jul, 2009 05:05 pm
We are looking at a home that is 105,000. My husband and I both have credit in the 630's and we are wanting to know if it is possible to get a lone for 120,000-125,000 to use the extra to pay for bills and eliminate debt. We make between 65,000-75,000 a year.
I did not heard of this but if we can get it, it would be great
Posted on: 27th Jul, 2009 07:36 pm
xcbb3302

Welcoem to the forum

That is not possible in this market or may be in any other market

Good kuck and feel free to ask
Posted on: 27th Jul, 2009 08:39 pm
I am sorry but this is not possible that you can get extra on the loan to pay debt.
Posted on: 27th Jul, 2009 10:18 pm
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