In 2016, there were major and significant changes in the way that student loan debt is looked at by mortgage lenders.
The underwriting guidelines changed from allowing deferred payments to not be counted against you, to having to force a payment amount for the purposes of qualifying.
We have been on top of these changes from the beginning.
We have received tens of thousands of visitors to this website about this topic, and we answer hundreds of questions a month, helping people get accurate answers, and in many cases, introduced them to a lender that understand the guidelines and can help in their State.
We have put together this resource to help you understand the guidelines for each of the traditional underwriting guidelines available in the market today.
If you have questions about your personal situation, you may leave a comment or question at any of the above links, or submit a question through our live chat feature on the bottom right corner of this page.
If you would like to ask a question directly to us, or would like an introduction to a lender in your State that can help, shoot an email to [email protected] with a description of your situation, and your contact information.
I promise we’ll answer every question, no matter where you leave it. We will do our best to point you in the right direction, and leave you with a specific and accurate timeline for When you can buy again, and hopefully give you the tools and the resources to work with someone that is experienced, and will help.