debt settlement with mortgage
Date: Thu, 05/06/2010 - 16:29
I'm buying a house and my lender has suggested trying for a usda loan and using my down payemt to possibly settle my debts or add to mortgage if appraisal is high. Credit cards, etc turned over to collections. What should I ask when I call the collectors?
You may try to settle with the collectors. However, you must kee
You may try to settle with the collectors. However, you must keep in mind that by doing this you would be securing your unsecured debt against your home. It can cause you trouble if you default on your mortgage.
