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Once you finally get your hard-earned college degree, you feel confident and ready to tackle the world and make it a better place. However, that tackling will likely involve managing your student loan debt. With that debt your chances of qualifying for a mortgage become more of a challenge. Based on date from the America…
Easier Qualifying for Borrowers with Student Loan Debt
Due to a recent decision by Fannie Mae, getting approved for a mortgage when you have student loan debt will be a lot less difficult. Fannie Mae recently announced a few new changes that will help borrowers with student loan debt be eligible for mortgage financing. For the 44 million American borrowers carrying a total…