The impact of the student loan forgiveness on homebuyers could be significant, as qualification relies on several factors including Debt-to-Income ratio. Debt-to-Income ratios are calculated using the borrower’s gross monthly income (before taxes, insurance, 401k, etc.) and monthly debt obligations as they appear on your credit report. Lenders do not factor in the total debt owed […]
Disclosure: Jamie Minster is not an attorney or accountant, nor does she provide legal advice. All the guidance and information provided is financial and should not be looked upon as legal or tax advice. Please consult an attorney or tax advisor about the laws in your location.
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