In the case of a job loss or other unforeseen event, the bank can take your hard - earned equity, and will be more willing to do so if you have a very low loan balance compared to the home's value. (themortgagereports.com)
In the case of a job loss or other unforeseen event, the bank can take your hard - earned equity, and will be more willing to do so if you have a very low loan balance compared to the home's value. (themortgagereports.com)
DOE apparently calculated costs based on the assumption that most PSLF beneficiaries had relatively low loan balances. (condemnedtodebt.org)