Freddie Mac to Make Things Easier For Borrowers With Student Loans
Great news for borrowers with student loan debt….. Freddie Mac just changed their requirements to make their mortgage loans easier to get! According to their recent bulletin, student loans will now be calculated differently for debt ratio purposes. For student loans that are on an income based repayment plan who have a payment due, that […]
How To Qualify For A Mortgage With Student Loan Debt
As a mortgage loan officer, I often encounter potential borrowers who want to know “Can I get a mortgage, even though I have a lot of student loan debt?” The answer is yes you can get qualified for a mortgage, even with 6 figures of student loan debt! The key to getting a mortgage when […]
The Complete Guide To Lowering Your Student Loan Payments
This is part 1 of a 2 part series about student loans. Be sure to read my post about how student loans affect your mortgage qualification by clicking here. Are you concerned about your student loan debt? You are not alone. Consider these stats…. Student loans have taken over credit card loans as the #1 […]