Whether or not debt consolidation loans affect your ability to buy a home depends on your timeline for making your purchase. It is generally not recommended to add any new debts or making inquiries to your credit profile prior to purchasing a home. That said, if you intend to purchase a home in a year or more, consolidating your credit card debt now as a strategy to improve your financial situation could put you in a good position when the time comes to apply for a mortgage loan. Everyone’s individual financial situation is different, and positive credit boosting results are never guaranteed. Ultimately, when you set out to buy a home you want to make sure you have reduced your overall debt as much as possible and have worked to improve your credit score as much as you can.