What is the best way to consolidate debt and refinance your house with a low credit score?

Melisa
The best way is to PAY OFF your debt and DON'T refinance the house. Why would you put your house on the line for what is currently unsecured debt?

Monnie
While there probably is no best way, about the only thing you can do is check with a mortgage broker and see if there are any banks/lenders that will issue a mortgage.Remember, your house will have to appraise at at least the value of your current mortgage just to refinance the mortgage part of your requirement, and over the mortgage amount if you want to take money out to pay off your other debts.Unluckily, depending upon your credit score and current interest rate, you may find the new interest rate higher than what you are paying.

Anne
Hi there, right now you have to really be careful as most people don't have equity so can't refi... I work at www.homesolutioncomplete.com in Carlsbad, CA.We modify home loans, process short sales nationwide to relief all the problems that are associated with adjustable rates and the high mortgage payment etc… If you’d like feel free or even call us at 877-322-3735.We are not realtors or brokers, we act as a neutral 3rd party working WITH the homeowner. Our rate is fixed and there’s nothing hidden either.

Fonda
Hi, I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.It's legitimate, I came across this company on NBC News Special Edition.Check it out here: http://CreditSolution01.notlong.com

Crystle
you can try your own bank or local credit union, if you have enough equity to cover it or not.

Gianna
FHA will do up to 95% of the value with 12 months clean credit