Posted on: 20th Jan, 2014 11:21 pm
I am out of student loan deferments. How can I get a mortgage to buy a property now?
Hi Greta,
If your debt to income ratio increases just because you are out of student loan deferments, then you can consolidate your student loans and pay them off. This will help you in qualifying for a mortgage. You can even take help of a co-signer to get the loan.
Take care
If your debt to income ratio increases just because you are out of student loan deferments, then you can consolidate your student loans and pay them off. This will help you in qualifying for a mortgage. You can even take help of a co-signer to get the loan.
Take care
Can you provide more info? How much is your income - how much do you pay in minimum monthly payments on all credit every month?
How much home do you hope to buy? Do you have any down payment?
Brian Barnes
ENG Lending
Nationwide Lender
How much home do you hope to buy? Do you have any down payment?
Brian Barnes
ENG Lending
Nationwide Lender
