When you take out a morgage can you also consolidate your credit cards with it?

Well, it depends...the most compelling factor is loan amount vs. appraised value. It would be hard to borrow more than the property appraises for. Something else to consider is interest rate. Your better rates start when you can make a down payment against the selling price of the property. Your interest rate will also improve with your credit score, which will improve when you pay off your credit card debt. What I'm saying is that the most financially savvy move you can make is to get out of debt first, then make your move. Lenders punish borrowers who float debt from one source to another. As you probably already have heard, it's a whole lot easier to borrow money when you don't need it than otherwise. One thing that you may be able to do is take out a second mortgage on your current property. The interest will be a tax break while you plan your next move. This also eliminates your c.c. debt and gives you the opportunity to leave your cards tucked away untouched for a while and "prove" yourselves to a prospective lender. Yes, your credit score should improve over time with this tactic. It should also be easier to "overborrow" on a future mortgage to pay off a second mortgage, rather than credit card debt. It just plain sounds better.