Student Loan Alert! FHA just announced new rules about how student loan payments should be considered when buying or refinancing a home. If you were previously turned down for a home loan or told you could not qualify due to a student loan payment, let’s talk. These new rules may help you qualify for the home you are dreaming about!
Related Article Title: Student Loan Payment Calculation of Monthly Obligation, FHA Mortgage Letter 2021-13 – Dated June 17, 2021, May be implemented immediately, but must be implemented for mortgages with case numbers assigned on or after August 16, 2021. Written by: Tracey Rumsey, Staff Writer FHA issued a game changer with this update! Be sure […]