home equity financing
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loan information
You can use a home equity line of credit to pay for college and other related expenses. Simply borrow from the line the exact amount you need as the expenses come due:
- Total Use of Funds:
the funds can be used for any purpose — tuition, books, fees, living expenses and other miscellaneous expenses
- Dollar Amounts:
subject to the LTV position of your home — you can borrow up to your available credit line. Satisfactory credit history required.
- No Restrictions:
funds can be borrowed as needed — not all at once as with other student loan programs
- No Federal Filings:
no need to file federal or state filings to use your equity for education
more information about this loan
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