Posts tagged "Lenders"

Will student loans affect my mortgage applicaton?

How do student loans affect a mortgage applicaton?

Linda R. from Ohio asked: I have $80,000 in several student loans, but since I consolidated all my student loans, the monthly payment is approximately $400. Other than this student loan, I’m debt free. Do mortgage lenders view student loan debt differently than other types of loans? Also, what other factors will they look at when determining my qualifications for a home loan?

Posted by The Student Loan Guru - January 10, 2009 at 9:42 am

Categories: Renting & Real Estate, student loan advice   Tags: , , , , , , , , , , , , , ,