Learn about the significant changes made by Fannie Mae to help people burdened with student debt qualify for home loans. Many first-time home buyers will be affected by these changes.
If you have been turned down for a home loan in the past because your debt-to-income ratio was too high, Fannie Mae just announced it has raised the DTI ratio from 45% to 50%. If you can document that someone else is making your student loan payments, say your parents or your employer, Fannie Mae will no longer count it toward your DTI.
There's more. Learn about all the changes . . . watch the video . . . then CONTACT US to help you get qualified for a mortgage and find that perfect new home.