
Borrowing money from your home to pay for your child’s college
Could be an A+ idea, if you consider all the pros and cons first.
David McMillin is a contributor to Bankrate covering personal finance, including mortgages, real estate, student loans and auto loans. From budgeting tips for individuals to funding strategies for aspiring business owners, his goal is simple: to help readers figure out how to save more and stress less. As a musician, he has spent a lot of time worrying about money, as well, and he applies the lessons he’s learned from that financial balancing act to offer practical advice for personal spending decisions.
McMillin studied writing at DePauw University. He is based in Chicago and loves to discover new places. He only needs to visit four more states (Alaska, Oklahoma, Utah and Vermont) to check all 50 off his list.
Could be an A+ idea, if you consider all the pros and cons first.
Don’t skip this crucial step on your road to homeownership.
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U.S. Bank offers two home equity products: a line of credit and a loan.
Regions Bank offers home equity loans with flexible terms and fixed- and variable-rate HELOCs.
Rocket Mortgage now offers home equity loans.
Lower offers home equity lines of credit (HELOCs) and home equity loans.