Refinancing a house and paying off additional debt?

Darwin
Can you add an amount to the refinance total to pay off other debts?

Elton
Yes a refinance can be used to consolidate debt.

Christi
Yes. You can refinance to consolidate your debts if you have equity in your home and your credit is favorable. Some important advice before making the loan. Don't fall back into the same situation. Many people borrow money against their home to pay their debts and turn around and create new bills using their credit cards. If this happens, you will have doubled your debt and can risk your home if you are unable to pay. Talk to a financial counselor before making this decision.

Carin
Yes you can, but it doesn't always work. Then again, given you take the right steps, it will work. You also need to change spending habits and such.

Dayna
Yes. But its no longer as easy as it was a few years ago. You need sufficient equity to do so.