Mortgage Appraisal Information
Going back to school question – student loans, grants….?
Im a mortgage/banking/residential appraisal professional who is wanting desperately to get out of this industry before the bottom falls completely out. I want to go back to school in something with medicine. nurse, ultrasound, paramedic… something. but i don’t know where to start regarding the grants, student loans… there’s so much information that i don’t have and don’t know where to find it. information that could make or break the deal of going back to shool. can anyone point me in the right direction? live in new orleans, la.
thanks in advance,
S
First of all, you need to be accepted into a school…if you are planning on starting in the summer or fall of this year, I’d do that asap. Meanwhile, fill out the FAFSA (http://www.fafsa.ed.gov/). This will be your key to grants from the government and/or demonstrating what your financial need is to your school. The FAFSA takes a good half hour to fill out, so make sure and have all the documentation necessary when you sit down to do it…you can save it and come back to it, if need be, but it’s best to just get it done and over with. At the end, you will be given an “EFC”, which will also be sent to the schools you request it to be sent to (during the application process, you will have this option and it’s free of charge). Your EFC (expected family contribution) is calculated based on all the information provided and gives the government AND the schools an idea of how much your family can contribute to your education (if you’re married…you and your spouse; if you’re single and over 25…just you; if you’re single and under 25…your parents). If you are single, under 25, and financially independent, you need to contact the financial aid office at the school you are going to, and they will give you instructions for making sure your parents are NOT considered in your EFC. It’s a little bit of a difficult process, but it can be done, if that is the case.
Helpful Links:
WHAT IS FAFSA?
http://en.wikipedia.org/wiki/FAFSA
FAFSA Application and Website
http://www.fafsa.ed.gov/index.htm
DOCUMENTS NEEDED (to fill out FAFSA)
http://www.fafsa.ed.gov/before003.htm
Once all this is done and sent to your school and once they accept you, the financial aid office will contact you about anything you qualify for…stafford loans, grants, etc. In addition, you can find any scholarships online that are independent of a specific school. If you apply and get one, that’s just even more money. 
I know this is a lot, but my best advice would be to make an appointment with an advisor in the financial aid office at the school you want to go to…even if you are not a student there yet, they should meet with you and will show you all your options.
Good luck in going back to school! You can do it! If you have anymore questions, be sure to email me…I’d be happy to help. aggiesgirl@tamu.edu
Appraisal information from Doug Jones Big Valley Mortgage
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The above mentioned are the basic requirements in order to qualify for a home loan. Secondly, I was interested to know how big a home loan I could get considering Mortgage Appraisal Information. As soon as I knew how much, I could start searching for a house.
Mortgage Appraisal Information
When you refinance your home mortgage and your appraisal value is raised,does your twsp get this information?
to raise your taxes?
only the people you/your lender send the
data to, get it. IT is NOT public information.