Consolidating mortgage student loans

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While it sounds morbid, federal loans are also forgiven if the borrower dies.

Check your credit report for errors and address them before you apply. You can add a cosigner: If your financial background keeps you from qualifying for student loan refinancing, you have the option to use a cosigner.Refinancing is credit-based, meaning your credit score is a primary factor in whether you qualify and the new interest rate you'll receive.The lender will also take your income and current debt-to-income ratio into account.Refinancing has the added benefit of reducing the cost of your loans if you qualify for a lower interest rate or monthly payment.Be sure to weigh the tradeoffs before refinancing, though, especially if you include federal loans in the bundle.

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