<p>Have a modest but not close to zero balance on my mortgage. Thinking about paying it off with my home equity line of credit (HELOC). The interest on the HELOC is significantly lower and it's better than refinancing--no paperwork, no new credit check, no points, no closing fees. </p>
<p>So my question re finaid determinations--particularly the CSS Profile--would there be any material difference in having the balance of my home loan in a HELOC rather than a traditional mortgage?</p>