How do mortgage companies regard people in debt management programs who want to buy a second house?

Answer

Honestly, what makes a bigger difference are your credit scores. Naturally if you are in a debt management program, your credit scores will drop like a rock. So, it becomes very difficult to get another loan for anything. If your credit scores are already below 650, dont care much about them and focus on getting debt free first. Once you are debt free, work on your credit scores and start a new life all together. But the most important thing out here is, DO NOT GET INTO DEBT AGAIN. If you dont learn from your mistakes, no one can help you.

Not too favorably, as it gives the appearance that the party involved has problems with their finances and might therefore present a credit risk. It isn't impossible to obtain financing when in a debt management program but it may be difficult to find a lender willing to offer reasonable terms. One should also take into consideration the terms of the debt managment program.