2017 fannie mae student loan changes, conventional loan guidelines student loans, Fannie Mae, fannie mae kentucky, kentucky student loans, STUDENT LOANS.
- If the credit report lists a payment amount, then the listed amount can be used for qualifying purposes
If the credit reports lists a $0 payment or no payment at all, either of the following calculations can be used
- o 1% of the outstanding student loan balance; OR
- o A calculated payment that will fully amortize the loan based on the loan repayment terms
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