Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Help Stop Foreclosure - Loss Mitigation Help » Help Stop Foreclosure » $36k per year and student loan debt. Mortgage?

Help Stop Foreclosure Chat about everything Mortgage related. our staff are ready to answer any Mortgage questions you may have. All advice is free.

Short Sale    Loan Modification    Loss Mitigation Training    Short Sales Training
Reply
  #1 (permalink)  
Old 11-18-2010, 01:02 AM
Junior Member
 
Join Date: Nov 2010
Posts: 1
Default $36k per year and student loan debt. Mortgage?

I would like to apply for an FHA loan. I make $36k per year. Based on the debt to income ratio, whats the max student loan debt (dollar amount) that I could have to still be considered for a loan? I have no other debts at the moment.Just want to clarify...I don't want to know the max of the loan that I will qualify for. I'd like to know how much student loan debt am I 'allowed' to carry and still be considered for a loan. I understand the debt to income ratio is 40%? Is that right?Thank you, Sharon!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 06:38 AM.
Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd. Free Foreclosure Help