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interested in cashout refi. want to use the $$ for school - is this allowed?

by ar112cooper7856399 from Orlando, Florida. Jan 14th 2015 Reply


Chris Gummerson (cgummerson11)
#364 ranked lender in California - 648 contributions

cash out funds can be used for any legal purpose

Jan 14th 2015
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#29 ranked lender in New York - 2,236 contributions

Absolutely! Call us or email us at 800-991-5309 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny.

Jan 14th 2015
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Linda Wintersteen (Linda123)
#64 ranked lender in Arizona - 1,250 contributions

YES , you can.. You should compare a school loan vs a refi on your home. linda

Jan 14th 2015
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Yes, but refinancing only makes sense if you can get at least a 1% reduction in your rate. Oterwise, Pell grants and students loans would be better. Peak Home Loans has rates in the 3's, if your current rate is more than about 4.25, call Robert at 844-200-PEAK. Thank you.

Jan 14th 2015
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Todd Glassman (Todd Glassman)
#1 ranked lender in South Carolina - 110 contributions

Absolutely yes! Call us today at 800-992-4455 or apply online at FirstHomeEquityLoans.com

Jan 15th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,782 contributions

You can use your cash out funds any way you wish without restrictions.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 15th 2015
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Pam Gustafson (pgustafson@gogsf.com)
#51 ranked lender in Wisconsin - 6 contributions

Hi there,You can use your proceeds for school costs. I would love to help you with your options. Feel free to learn more about me & read my 5Star reviews at www.gsfpam.com.Thanks for your inquiry

Jan 14th 2015
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Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,106 contributions

No problem, you can use the cash as you wish.

Jan 17th 2015
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