Howdy!
Lenders are telling me that my student loans are hurting my DTI.
https://www.usnews.com/education/blogs/student-loan-ranger/articles/2017-05-03/new-fannie-mae-rules-help-home-buyers-owners
According to this article and a couple of other articles, the lenders no longer have to calculate the repayment at 1%. (I'm unsure of the correct terminology). Is there any truth to this article?
My husband and I are looking to purchase our first home, but we keep hitting road blocks due to our student loans.
Lenders are telling me that my student loans are hurting my DTI.
https://www.usnews.com/education/blogs/student-loan-ranger/articles/2017-05-03/new-fannie-mae-rules-help-home-buyers-owners
According to this article and a couple of other articles, the lenders no longer have to calculate the repayment at 1%. (I'm unsure of the correct terminology). Is there any truth to this article?
My husband and I are looking to purchase our first home, but we keep hitting road blocks due to our student loans.