Friday, December 25, 2009

Equity Borrowing Can I Borrow Equity From My House To Help Finance My Child's Education?

Can I borrow equity from my house to help finance my child's education? - equity borrowing

My husband and I have our home ten years ago, approximately $ 250 thousand dollars. Today, a value of approximately $ 500 thousand U.S. dollars, and we pay our mortgage for about $ 180 million. Our son attends a private school that costs about 40 billion euros per year, and we try to pay. We wonder if they see the equity in our house to lend.

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