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Fannie Mae announces new programs to break through student. – Lending Fannie Mae announces new programs to break through student loan roadblock Cash-out refinance, new debt-to-income calculations spur homeownership
Fannie Mae announces changes for student loan borrowers – MINNEAPOLIS — With more and more college graduates struggling to keep up with student loan payments, mortgage giant, Fannie Mae, has announced new rules that might make it easier for student loan.
3 Important Changes to Fannie Mae Mortgage Loans – 3. Student loan guidelines have made it easier for borrowers to qualify In the past, carrying a student loan has made it more difficult to get a Fannie Mae mortgage. However, the agency has changed.
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Fannie Mae eases burden of US home buyers over student debt – Here’s some good news for home buyers and owners burdened with costly student. loans or making full payments, they could end up in default on their home mortgages. For its part, Fannie Mae says it.
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Fannie Mae just unveiled surprising new rules for home buyers and refinancing homeowners with student loans. Many formerly turned-down applicants will be approved this year.
Fannie Mae has made a guideline change stating that if you are on an income-based repayment plan for your student loan, lenders can use the payment on the statement to qualify you. Importantly, this includes $0 payments. This means that if you pay nothing toward your student loans at the moment based on your income, it doesn’t add to your DTI.