Good. Better. Broker.

Tips on Navigating Student Loan Debt | Episode 51


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The following guest sits down with host Justin White:

•   Cubie Hernandez, Senior Mortgage Advisor – Mares Mortgage


Helping Borrowers Navigate Student Loans Ahead of the September 1 Forgiveness Deadline

With the deadline for federal student loan debt forbearance fast approaching, how can independent mortgage brokers prepare and help their clients? Listen to Episode #51 of Good. Better. Broker. as we hear how mortgage brokers can provide value to borrowers with student loan debt by educating them on their options.

In this episode of the Good. Better. Broker. podcast, you’ll learn how to help your borrowers with student loan debt through the process of resuming their payments.


In this episode, we discuss ...

•   1:54 – What mortgage brokers should know about the September 1 deadline
•   3:09 – Cubie on how significant the deadline is and what it means
•   4:14 – What mortgage brokers can do to help their borrowers prepare for September 1
•   6:50 – How the resumption of student loan debt payments impacts borrowers
•   8:37 – Calculating student loan debt payments if borrowers are in forbearance
•   9:52 – Why borrowers should call as soon as possible to set up their payment plan
•   11:17 – Cubie on repayment plans available to borrowers with student loan debt
•   17:09 – Why working with borrowers with student loan debt is an opportunity for LOs
•   24:30 – How to coach a borrower through the upcoming deadline


Resources Mentioned in This Episode:

The Source
Temporary Rate Buydowns


Show Contributor:

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Justin White is UWM’s in-house brand journalist and the host of the daily news video, Inside Pass. He creates engaging content across multiple platforms to promote the benefits of the wholesale channel and partnering with UWM. A seven-time Emmy-award winner, Justin is a graduate of the S.I. Newhouse School of Public Communications at Syracuse University.

Connect with Justin on LinkedIn, Instagram or Twitter


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Head to uwm.com to see the latest news and updates.

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