The whole STUDENT loan thing drives me completely nuts. If it wasn't possible for 18-year-olds to sign themselves up for tens of thousands of dollars in debt in order to PAY their college bills, the state governments wouldn't have found it so politically easy to cut taxpayer SUPPORT for public COLLEGES and universities.
Read MoreIf your appraisal comes back too LOW - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and SOLD to Fannie Mae and Freddie Mac. That MEANS you MAY have to pay a much higher rate.
Read MoreGetting a tax refund is NICE, but having more money year-round is BETTER. If you GET a chunk of change from the IRS, you're giving the government an interest-free loan - not SOMETHING they, or any bank, would ever give you. INSTEAD, change your withholding so you get a little extra in each paycheck.
Read MoreThe 2009 STIMULUS LAW got the ball rolling, allowing the agency to REDUCE and eliminate fees and raise loan GUARANTEES to 90 percent of the total. I knew that we had the OPPORTUNITY to use S.B.A. products to fill that gap in a rapid manner, as we ended up doing in the Recovery Act.
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