Your financial life can be made easier with debt consolidation, but what impact does it have on your ability to buy a house? This guide delves into the relationship between debt consolidation and the home-buying process. Learn how debt consolidation affects your credit score, debt-to-income ratio, and mortgage eligibility. Understanding the implications of high-interest debt reduction or payment streamlining can help you make informed decisions on your journey to homeownership.
Debt Consolidation and Home Buying: What You Should Know