EPISODE RESOURCES

Federal Mortgage Student Loan Guidelines

Navigating Home Buying with Student Loan Forbearance

In this episode, we explore how student loan forbearance affects the home-buying process. We discuss the significance of credit scores on loan structure and the impact of debt-to-income ratios, particularly highlighting how student loans influence these metrics. The episode breaks down how different loan types (Fannie Mae, Freddie Mac, FHA, VA, USDA) treat Income-Driven Repayment (IDR) plans versus loans in forbearance or deferment, and the strategies you can use to optimize your chances of mortgage approval. 

01:05 Why This Episode?
02:07 Impact of Credit Score on Home Loans
03:37 Debt to Income Ratio Explained
05:02 Income Driven Repayment Plans and Home Loans
05:47 Different Loan Types and Their Guidelines
11:01 Strategizing Your Student Loans for Home Buying
13:09 Conclusion and Key Takeaways