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pablin_2005
684 Posts |
 Posted - 03/20/2008 : 4:20:49 PM
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Hello ya'll.
I have a married couple that wants to buy their first home. They are both still going to college to finish their teaching degree and won't finish until the end of this year.
Question:
Is there any lender that will allow for these debts to be taken off the DTI since they are not going to be paying on this money until 6 months after they graduate which will be June of 09.
I need some guidance on this please.
Thank you! |
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katbunk
2198 Posts |
Posted - 03/20/2008 : 4:25:12 PM
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| I thought I'd heard/read that regardless of deferrment period, they're going to hit with 3% of balance, or with actual payment amount if borrowes have proof of it? |
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hherrm
1407 Posts |
Posted - 03/20/2008 : 4:26:30 PM
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| I know that you do not have to count them with FHA. |
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