Including credit card debt as part of mortgage loan – 1st time buyer?
We are looking into purchasing a condo for our 1st owned housing. My wife and I make about 125,000 a year combined income and have good credit ratings with steady jobs (more than 5 years in the same company). The problem is that our cc debt accumulated through our early years is in the 50k, so paying for cc monthly payment + mortgage is not possible. Is it possible to fold our cc debt into a mortgage loan so we can at least afford to buy a condo/house? thank you.