krazymack asked:

I’m curious because I’m interested in buying property but I have plans to pursue professional degree in the future. I wanted to see if having a mortgage would disqualify me from receiving a private/ alternative education student loan.

Douglas

HoustonJustin asked:

My wife and I owe over $150,000 in student debt with interest rates around 9-11% on each loan. Is it better to just refinance our house and pay it all off, for a lower monthly payment and interest rate?
To further clarify, our house is appraised at $250,000. We came into an inheritance and paid it off so we have no mortgage payment currently. Since we had to relocate to a new state, we are both unemployed and these payments are taking a toll on us. I’m sure we can get a rate on the home loan under what the school loans are charging us, and this way we can raise our credit score with a mortgage payment and have greater tax deductions? What do you guys think?

Jonathan

*MacDaddy* asked:


My neighbor told me about these reverse mortgage loans and I wanted to ask here if this a safe way to get some cash out of my home.

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