Mortgage for College Tuition
I have lived in our home for the past 10 years and I’m seriously considering getting a mortgage to finance my son’s college education. Do I apply for a HELOC or cash out refinance? by jwarren532 from Garden City, Kansas. Dec 31st 2021
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
It really depends on your current loan situation. If current rates are better than your existing loan rate, then it may make more sense to refinance and get all of the funds at the lower rate. If your rate is already in the twos or very low threes, then an equity line MAY make more sense. Id be happy to help you with this, just give me a call.Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified Mortgage Advisor and Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, MO, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000 - OR - 480-695-9300
Ask our community a question.
Get an answer
Related Questions
