Consolidating debt into a new mortgage
Indicate you want to include debt in your new home loan at the time of application.
When you fill out the form, note the amount you wish to borrow.
As a mortgage owner, you can easily refinance your home to consolidate your debt and have one single mortgage account to service.
Of course, if you had that money to put down, you'd be better off satisfying the debt in the first place, unless you are getting the down payment as a gift from a relative, which is the only source of down payment lenders allow beside your own money.
When you are ready to close on the loan you will need to contact your creditors in addition to coordinating the parties for the purchase. This is the amount needed to satisfy your debt entirely on the date of closing.
Getting a mortgage while carrying significant other debt can put a serious strain on your finances. By consolidating your debt into your mortgage, you can move forward with the purchase while giving yourself the relief of spreading your other debt over 30 years.
Just know that you still must come up with a down payment and understand that your debt potentially will be with you for much longer.
If you add $15,000 in debt into that loan, you must put $25,000 down.