Borrowing money from your home to pay for your child's college
Briefly

Home equity loans and HELOCs usually provide lower interest rates compared to other borrowing options, making them an attractive choice for funding college expenses.
However, it's important to consider the risks involved in using home equity for college tuition, including potential foreclosure and the impact on retirement savings.
Tapping into your home equity can provide a substantial amount for educational expenses, but homeowners must weigh the long-term implications of leveraging their home.
Read at www.mercurynews.com
[
|
]