Change in FHA Loan Guidelines

Bankrate has a new article about recent FHA loan guidelines in relation to student loan debt. Government-backed student loans are generally deferred while the student is in school and for 6 months after. The FHA used to exclude student loan debt from borrowers’ DTI (debt-to-income), but that has changed. More, here.

 

bank check with house and pen on the table
bank check with house and pen on the table

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