Can we do a refinance on a person's princ residence to pay off student loan debt? thanks

yes

Thanks Joker- We don't need any special disclosures with paying off student loans, right?

thanks again!

No additional disclosures. However I recommended to our home loan team to create a disclosure advising of the possible government student loan benefits that will would be given up if the loan is paid off with the refinance of their mortgage. Fannie Mae recently gave guidance on paying off student loan debt as part of one of their programs.

https://www.fanniemae.com/content/announcement/sel1704.pdf

Thank you so much!

Look at the Private Education Loan disclosure requirements

See Dan's comment below 1026.46(5) exempts loans secured by real estate.

Look at the Private Education Loan disclosure requirements

They do not apply to loans secured by real property or a dwelling.