Saturday, May 2, 2015

Can you qualify for a mortgage with an exceesive amount of debt BUT no delinquencies?


I am currently paying on a $67,000 student loan debt, and have been faithfully making payments every month for the past 4 years, not skipping a beat.

Even though the balance is still high, would I still qualify for a mortgage, or would a lender expect no outstanding debts in order to approve?

Read more: Can you qualify for a mortgage with an exceesive amount of debt BUT no delinquencies?