Comments on: Can I add my student loans onto a mortgage? http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage Sat, 20 Dec 2008 20:05:49 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Becca http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage/comment-page-1#comment-2818 Becca Wed, 24 Sep 2008 01:40:41 +0000 http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage#comment-2818 No, student loans and mortgage are two different things. No, student loans and mortgage are two different things.

]]> By: stefa1mg http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage/comment-page-1#comment-2817 stefa1mg Mon, 22 Sep 2008 00:45:09 +0000 http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage#comment-2817 Why would you want to? The current mortgage rate is almost to 7% while most school loans can be locked in at a lower rate. As long as your income is low enough to allow you to deduct the student loan interest, I can't see why you would want to even if you could. I just graduated from law school and I'm closing on my house in two weeks. My mortgage is at a much higher rate than my school loans. Why would you want to? The current mortgage rate is almost to 7% while most school loans can be locked in at a lower rate. As long as your income is low enough to allow you to deduct the student loan interest, I can’t see why you would want to even if you could.

I just graduated from law school and I’m closing on my house in two weeks. My mortgage is at a much higher rate than my school loans.

]]> By: pg412 http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage/comment-page-1#comment-2816 pg412 Fri, 19 Sep 2008 10:10:26 +0000 http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage#comment-2816 No - A mortgage company will not lend you more money than the purchase price of the house. In the current market, even with good credit, they will probably only lend you 95% of the purchase price. Some companies are still doing 100%, but not many. After you've owned the home for a few years and built some equity, you would then be able to refinance your mortgage and possibly consolidate (include) the student loans. No – A mortgage company will not lend you more money than the purchase price of the house. In the current market, even with good credit, they will probably only lend you 95% of the purchase price. Some companies are still doing 100%, but not many.
After you’ve owned the home for a few years and built some equity, you would then be able to refinance your mortgage and possibly consolidate (include) the student loans.

]]> By: curmudgeon http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage/comment-page-1#comment-2815 curmudgeon Wed, 17 Sep 2008 03:01:57 +0000 http://governmentloangrants.com/articles/can-i-add-my-student-loans-onto-a-mortgage#comment-2815 no. but after a while you can get an equity line of credit and use that. no.
but after a while you can get an equity line of credit and use that.

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