There is a new option to refinance home mortgage to pay off student loans. Home owners have offers to refinance their student loans with their home mortgage. Mortgage giant – Fannie Mae, largest backer of American mortgage credit, has introduced a new feature of student loan cash-out refinance. Consult our experts today if you need to apply with no income verification mortgage with an easy options.
Mortgage interest rates are much less than that of student loans, truer of private student loans and PLUS loans. Home owners are getting opportunity to cash-out equity without extra fees at lower rates with refinance mortgage to pay off student loans. Save a large sum of money on combining student loan debt with home mortgage! Homeowners with stable career and secure income could use mortgage refinance to consolidate student loans beneficially without risk. Home owners should be aware that adding student loan debt to mortgage does not eliminate it. They must have equity to qualify.Get Quick Approval
Let us explore five facts before you decide to bring your student loan debt under your mortgage refi gambit.
1) You Do Not Eliminate Student Loan Debt, You Add It to Mortgage
2) You Need Built-Up Equity to Qualify for Student Loans Mortgage Refi
3) You Will Lose Certain Options You Enjoy On Your Student Loan Debt
4) You Could Lose Out On Tax Benefits
5) You Could Lose Your Home