[terry1156]

In my opinion it's always a bad idea to refinance unsecured loans into a secured loan before you have solved the problem of why you have the debt in the first place. If you don't address that issue, you're going to have the same credit card debt plus a larger mortgage loan in a year. here are a few questions.

If you can afford an extra $300 on the mortgage loan, why can't you pay down the credit card debt?

If you are going to be moving, why are you going to put $20,000+ into home improvements? Unless they are improvements specifically to increase the value of the house, they aren't worth it. Even if they are, wait until you are ready to move to do them - they will be newer and with nobody knowing what is going to be happening with housing in the next few years, a safer way to approach it.

I think you'll put yourself in a very leveraged situation by making the move you're considering without addressing the issues that got you here in the first place. Address those frst, then consider your best move.