Real Estate Survival Guide with Terry Story
Business:Investing
Aug 16th - Lower Your Interest Rate On College Debt With A ‘Student Loan Cash Out Refinance’ Program
This week in Real Estate Round-up, Steve and Terry discuss an exciting new development whereby students can pay off higher interest rate student debt by borrowing money against lower-rate home mortgages. Effective immediately, Fannie Mae will make it easier for borrowers with student loans to qualify for a home loan. Homeowners will also be able to pay down student debt by refinancing their mortgage through a “Student Loan Cash-Out Refinance.”
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