Student loans cannot be excluded on conventional loans
You should talk to a lender.... Most of the good ones will gladly prequalify you over the phone based on your provided data.
A pre-approval(stronger than prequal because we take a full loan ap and credit) would come after you apply if the loan officer thinks the debt ratios are ok during the prequal conversation.
With cash reserves... some files can close with extraordinarily high debt ratios. But don't count on that until the loan officer takes a FULL LOAN APPLICATION and does their due diligence.
I will happily take your follow up questions. No obligation.
(214) 763-4629 cell/text/nights/weekends(Really!!)
Lending all across the entire Great State of Texas!!
Search Dallas area MLS for FREE. No registration => http://www.ntreisinnovia.net/cgi-ntr/BR_login?0501134
Let me know if you need a referral.
Anything we can do to get your income up. Second job, more hours, etc.
You can search for homes at the link below.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157
firstname.lastname@example.org | http://www.AustinListed.com