Kerrie H asked:


I want to apply for a home loan but I have about $10,000 in credit card debt. I want to get in on the market now, how important is it that I pay off my debt before applying for the loan?

littlepink_sweetie asked:


The bank told me under $5,000, is this correct, or did I hear him wrong? And if you are buying a home does your spouse have to be on the loan? I know the deed needs both names. Any advise on home loans and debt would be great.

jonairten asked:


Real estate debt as in a mortgage on a house that isn’t yet paid off. Does the bank just take the house? Or do the children have to pay off that debt?
PLEASE leave a link to an official website showing the answer if possible. Thanks much!