Does getting a debt consolidation loan help my chances?

My fiance and I are trying to buy a house. But no where will give us a loan because he has such horrible credit. Will getting a debt consolidation loan help his credit enough to be able to get a home loan?
Also the things that are bad on his credit are all in collections if that makes a difference.

Best reply by Ted Sheckler:

No, you’ll just need a bigger down payment.

Read the original question here
Does getting a debt consolidation loan help my chances?

the best place to start for a consolidation loan?

credit is fair, so who would be the best choice for a consolidation loan?

Best reply by keep_up_w_this:

First see if you should actually get a consolidation loan.

The first link is some advice on deciding if you should get a consolidation loan.

The others will give some good sources of finding one.

Read more replies
the best place to start for a consolidation loan?

the best place to start for a consolidation loan?

credit is fair, so who would be the best choice for a consolidation loan?

Best reply by keep_up_w_this:

First see if you should actually get a consolidation loan.

The first link is some advice on deciding if you should get a consolidation loan.

The others will give some good sources of finding one.

Read the original question on Yahoo! site
the best place to start for a consolidation loan?