Does Student Loan Affect Mortgage ?

Does Student Loan Affect Mortgage?

Student loans play a major role in mortgage eligibility, but they aren’t an automatic deal-breaker. Here’s how they affect your chances: 1. Debt-to-Income Ratio (DTI) 2. Credit Score Impact 3. Loan Type Matters Does Student Loan Affect Mortgage Rate? Student loans don’t directly change mortgage interest rates, but an increased DTI or lower credit score … Read more