Purchase Manager / Loan Officer
2801 Hennepin Ave S
Minneapolis, MN 55408
After he approves you for a loan we can start looking!
Have a good Holiday.
You are legally responsible for the loan if the loan is in your name, regardless of who is making the payment.
If you can document that another party (parents) have been making the payments, it is potentially possible to exclude those payments from your debt ratio.
Is it one loan? Multiple loans? Who is paying what?
Income and student loans are only two of many factors involved in qualifying for a mortgage. It is possible to qualify for the amount you're asking for based on the information you've provided, but it's hard to be certain without knowing all the details. If you are thinking of buying in the near future your best bet will be to sit down with a lender and go through those details, and have a discussion about what you want to do and how you can do it.
You have posted 9 questions in the past 10 months or so and most all pertain to mortgage questions, my suggestion to you and/or your fiancee is to schedule an appointment with a lender of your choice then make a list and go over all of your questions with him or her at that time.
Best of luck to you in your mortgage and home search.
Call Sherri Sherpy at Lendsmart and she will be able to ask a few questions and easily give you an answer.
Her number is 612-363-1106. email@example.com.
You can also visit her website sherrisherpy.com
Call me if you have any other questions on the real estate side.
SP Real Estate
I I highly recommend a guy named Kevin Doyle with Mortgages Unlimited. His number is 612-435-4921.
Kim and Chris are right, there are many other factors to consider but you may be ok.
I'm happy to run the scenario for you, just shoot me a message our give me a call. I always offer a no cost or obligation mortgage analysis.
(651) 457-HOME (4663) or kim@QuickHomesSearch.com
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"Helping People Make Smart Real Estate Decisions since 1980"
(651) 457-HOME (4663)