This equity is the part of your home that you already have because of your payments. The more equity in your home and lower your balance, the higher the loan amount you can borrow from a mortgage refinancing home.
They are located and operated locally, so all work is also done locally.

When you refinance you can switch to a better loan program that will give you the financial stability you need.

If your income has increased and you determine you want to stay in the home you have many years ahead as it makes sense.

In this case, you can begin to make monthly mortgage payments more important.
There is nothing you or your daughter can do about training requirements or SAT scores.