An FHA debt consolidation loan allows you to refinance your existing mortgage and also roll in your existing debt. The total of this and your closing costs can be as much as 95% of the appraised value of your home. Consolidating your debt into your mortgage can have several benefits: 

• Reduce your total monthly payments
• Potentially increase your tax deduction
• Make one payment a month instead of many
• Repair or improve your credit 

If you are trying to save money, repair your credit, or even prevent bankruptcy, make sure you speak with an FHA Loan Officer who will evaluate your current situation and show you how much an FHA debt consolidation loan can help you.