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re: Paying off student loans with mortgage equity

Posted on 7/23/17 at 9:55 pm to
Posted by gobuxgo5
Member since Nov 2012
10031 posts
Posted on 7/23/17 at 9:55 pm to
Yea but If he lost his job or whatever he could get out of a mortgage default and if the student loans were rolled into that then he would be free and clear.

If something happened now and he lost his equity due to a crash, then his job.. he'd be jobless with a student loan he couldn't get out of

A student loan is a deal with the devil you can't undo it typically in bankruptcy
This post was edited on 7/23/17 at 9:58 pm
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