Posted on: 27th Aug, 2010 08:35 am
$100,000 loan balance on a 250,000 home value
Currently at 5.8% with about 7 yrs remaining
One child in college 2011 & one in 2014
Home needs about 25k refurbishment
Currently at 5.8% with about 7 yrs remaining
One child in college 2011 & one in 2014
Home needs about 25k refurbishment
hi danielpatrick!
welcome to forums!
as there is ample equity in your property, you can contact your lender and apply for a refinance. you might get a cash out refinance which will help you in making home improvements. also, you will be able to use a portion of cash out loan to pay for child's education.
feel free to ask if you've further queries.
sussane
welcome to forums!
as there is ample equity in your property, you can contact your lender and apply for a refinance. you might get a cash out refinance which will help you in making home improvements. also, you will be able to use a portion of cash out loan to pay for child's education.
feel free to ask if you've further queries.
sussane