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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

Christina Zelow Lundquist/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Cash-out refinancing allows you to turn equity into cash through refinancing your mortgage. The terms of your refinanced mortgage might significantly differ from your original loan, including a new rate or longer or shorter loan term.

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Best Private Student Loans and Current Rates

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Learn more about private student loans Find the best student loan companies for: Loans for students How do private student loans and federal student loans differ? You apply for a federal student loan by submitting the FAFSA. You apply for a private student loan through a bank, credit union or online lender.

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Best Graduate Student Loan Options of January 2024

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Federal graduate student loans Borrowers are eligible for two types of federal loans for graduate school: unsubsidized direct loans and grad PLUS loans. You can apply for federal loans for graduate school by completing the Free Application for Federal Student Aid, or FAFSA. What are the best loans for graduate school?

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Key takeaways Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type as well as your lender. Here’s how refinancing a mortgage works, the common options available to you and pros and cons to consider. What is refinancing?