Just a tip to share if your son or daughter will be taking out a student loan for which you will be a co-signer and you are also going to be refinancing your home mortgage. I would suggest you refinance 1st if you have the time, just because now that we are refinancing, we found out the the mortgage company looked back in the past 120 days for any credit inquires and now we have to disclose/explain the student loan. Even though the payback doesn't start until 6 mos after may 2018. I don't think it will be a problem, it's one more thing that popped up that we have to deal with. I don't remember refinancing being so complicated and time consuming.
↧