Sentences with phrase «without tapping home equity»

Federal Direct and FFELP student loans can help you achieve your educational goals without tapping home equity.

Not exact matches

Generally, homeowners will do a cash - out refinance to tap into home equity without having to sell their home.

Reverse Mortgages allow you to tap into the equity you currently have in your home without having to make monthly mortgage payments, and allow you access to an area where you may hold most of your wealth.

Available only to homeowners age 62 and older, a reverse mortgage allows you to tap a percentage of your equity without having to sell the home and move out.

You go from 18 percent down to zero or three percent without having to tap into home equity line of credit.

They allow seniors to tap into the equity in their homes and spend it any way they wish without affecting government benefits, but interest rates are higher and there are fees involved.

Last year 4,343 Texas homeowners tapped into their home equity using a reverse mortgage loan.3 Unlike a traditional mortgage, a reverse mortgage allows senior homeowners to access a portion of their equity without ever having to make a monthly mortgage payment.4 The loan proceeds are not taxed as income, or otherwise, 5 and do not become due until the last borrower or qualifying non-borrowing spouse no longer occupies the home as their primary residence.

A cash - out refinance can be ideal for homeowners seeking to tap into their home's equity without selling their home.

Generally, homeowners will do a cash - out refinance to tap into home equity without having to sell their home.

Reverse mortgages are loans specifically designed to help seniors tap into their home equity without the burden of paying a monthly mortgage payment, or having to move out of the comfort of their home.

But without a sufficient emergency fund, you may be tempted to run up credit cards or tap your home's equity or retirement accounts to pay for major repairs (new roofs don't come cheap).

Reverse mortgages are loans specifically designed to help seniors tap into their home equity without the burden of paying a monthly mortgage payment, or having to move out of the comfort of their home.

Reverse Mortgage — a mortgage reserved for homeowners aged 62 or older who wish to tap their home equity without paying monthly mortgage payments.

If we use a home equity line of credit (or HELOC) against any of our properties, we can tap the equity, thereby using real estate to pay for college without selling anything.

Reverse Mortgages allow you to tap into the equity you currently have in your home without having to make monthly mortgage payments, and allow you access to an area where you may hold most of your wealth.

Founded in 2004 by Thomas Sponholtz, a former executive at Barclays Global Investors, FirstRex previously offered homeowners a way to tap their equity without taking on new debt by selling a stake in their homes.