if i have a mortgage and want to consolidate my credit card debt onto that mortgage, is that doable?
Some important details: recently divorced age 64 female (I am using my friends yahoo account :) could not refinance home during divorce due to income/ credit credit score is now poor due to credit card debt, but was always above 700 until 1 year ago about 30,000 in c.c. debt well over 100k in equity in the house. i've never missed a house payment in 30 years. on fixed income: retirement and social security (only about 2.4K per month now) mortgage takes half that. So the goal is to pay off those credit cards and not raise my payments by too much. I know they have home equity loans, but those just add more debt, in the sense that they take unsecured debt and secure it with my home...and carry their own large monthly payment. I dont want to add a $500 monthly payment just to pay it off... that's the same thing as the credit cards. The goal is too free up some income for living, not make a larger mess. The goal here is to keep payments about the same. The hope is that we could almost just take the equity straight out of the house and transfer it, and just keep right on paying the mortgage. As i said, I've never missed a mortgage payment in 30 years. to the 2nd response there... the equity is above 100k close to 200k...not the amount owed on the mortgage, which is obviously much more then that. The goal is not to turn it into a "x"+$30,000 mortgage if my current mortgage is already "x". The goal is to take it out of the equity that's already built up in the house.

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