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Can You Refinance Your Home If You Get A Student Loan?

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3 Answers - Sort by: Date | Rating

    Why not?

    What is the status of your student loan?

    What's your credit score?

    How much equity is in your home?

    If you do not want to get any cash out, I do not see any problem, especially if you have some equity.

    Are you a student? Where are you getting income to pay the current mortgage?

    Unless the current mortgage on the house is upside down, meaning the outstanding amount owe is more than the house is worth, you should not have a problem. It just comes down to how much you want to pay.
    1 0

    Dan80906 

    answered 3 years ago

      Of course, you can refinance your home with a student loan and in some cases, this really helps to increase your credit score.You are more credit worthy by the way of making timely payments for a period of time.

      0 0

      Lowratez 

      answered 3 years ago

          In addition to the answers already posted, your balance in your home would determine how much cash out or equity you can borrow or get. You can get all of it and use it for your tuition fees and books and I'm not too sure if you can claim it too like if you would use it to buy another house that you could rent to people.
        0 0

        Sellshouse 

        answered 3 years ago

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