Home › Forums › Purchase Program › debt roll over to mortgage
This topic contains 5 replies, has 4 voices, and was last updated by vwilliams 9 months ago.
Do NACA allow you to roll debt over to your mortgage?
As in consolidate your bills with your mortgage?
Doesn’t seem too likely @todd87
Yes. like a credit card debt. Someone told me this was a good thing to do.
I don’t think I heard of that at the NACA workshop, but you should prob ask those that closed. To see if that’s an option.
No, you may not add anything to the mortgage. Only the purchase itself and funding for necessary repairs/renovations may be included in a NACA loan.
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Can the sellers contribution to buyer be used to pay debt?
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