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Can I add car loans to a new home loan?

Looking to buy a home, would be nice to have one payment.

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October 08 2008 - US
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No, sorry.

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October 08 2008

Actually, is there equity in the house, if so how much.

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October 08 2008
It's a Purchase! Think it thru.
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October 08 2008
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You could do it with 125% purchase.

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October 08 2008
Are you joking?
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October 08 2008
Oh ya a ditech 125%...sure 12%/125%
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October 08 2008

Does it sound like I am joking?? If the LTV is low enough, I've seen it done. 

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October 08 2008
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Yeah 1st, 2nd combo. 

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October 08 2008
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Its a foreclosure, guessing about 35k

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October 08 2008
Does it sound like i am talking to you...its still a "Purchase" period.
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October 08 2008
Mr. Martinez how down do you have for this "purchase"?
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October 08 2008
Sorry how much down?
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October 08 2008
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2k

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October 08 2008

Does it sound like i am talking to you  - Buddy, take yourself back to the hood and check it at the door. 

 

Jmartinez, what is your purchase price/appraised value?

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October 08 2008
Tammy take a break...i was talking to Rob...relax already...you are way out of line.
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October 08 2008
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looked it up house sells for 64k/100k

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October 08 2008

I don't really care who you are talking to, I'm perfectly relaxed and trust me, you will know when I am out of line.

 

 

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October 08 2008
Mr. Martinez best of luck to you...i hope you find what you are looking for.
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October 08 2008

If there is equity... which there isnt with 2k down...why wouldnt you just go FHA and pay the car off yourself! The short answer is no. The long answer is.. uh, no.

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October 08 2008

Mike, if the house appraises for the 35K that the borrower is saying, there is a chance.  Otherwise, no.

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October 08 2008
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jmartinez,

 

Out of curiosity why would you want to finace a car more then 5 years?

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October 08 2008
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Thanks anyways I guess you guys dont know.

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October 08 2008

Don't know what?

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October 08 2008
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Going to rent property and getting the car for free

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October 08 2008

Mr. Martinez, what are you talking about?

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October 08 2008
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jmartinez,

 

When you find where you can get your money for nothing, and your chicks for free.  Give me a call...I will double down.

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October 08 2008

LOL!

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October 08 2008

Would Matchbox work?

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October 09 2008
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Why do you want to spend 30 years paying off your cars?

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October 11 2008

When you are purchasing a home, you can not roll other debts into the mortgage.

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October 12 2008
 
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