Can I Get a Mortgage With Student Loan Debt? » Mortgage Masters Group

Would the Big Apple take a bite out of Tiger Woods?

Student loans can make it more difficult to qualify for a mortgage because lenders look carefully at your monthly debt obligations when deciding if you can afford home-loan payments. Lenders typically want your total monthly debts, including your new mortgage payment, to equal no more than 43 percent of your gross monthly income.

Have a financial question? You’ve come to the right place! Our Money Masters page on Facebook is a private group that offers you direct access to our team of financial experts.

Where Americans Are Moving – PUBLIC TRUTH

Student. mortgage, home equity loan, home equity line of credit or car loan, and a mobile phone with your name on the account. You might also want to so check with your school’s financial aid.

Roughly 20% of student-loan borrowers said they won’t be able to make their next payment and another 44% report it could be a challenge. That’s according to results of a survey released Thursday by.

Many college graduates hoping to buy a home wonder how to get a mortgage while saddled with student loan debt. Is it even possible to take on more monthly bills when you’re already haunted by.

First-time and move-up homebuyers with heavy debt loads, low. monthly personal debts – for credit cards, auto loans, student loans. John Porter, vice president of Mortgage Master Service Corp. in. Joe Metzler, a loan officer at Mortgages Unlimited in St. Paul, Minn., welcomes the stricter standards.

What is more clear — the ways the results could impact student-loan borrowers. As the number of borrowers with student loans and the level of debt has increased over the. lawmakers use their.

Emerging local house JEM Fab Fashions to host a sensational Gala and explosive Fashion Show celebr

Hi, this is Steve, your Get Out of Debt Guy. If you have a question you’d like to ask, you can ask me using the form below. If you don’t want to wait for me to personally respond, which can take some time, just call my FREE debt help hotline right now.

 · I only have 1 year of work history, can I still get a mortgage loan as a first time homeowner and the 3% down payment assistance Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

^