Asked by Tkc, Winchester, VA • Wed Jan 20, 2010
student who has college loans, my loans are in deferrment. The underwriter was concerned with my DTI ratio because my school did not update my graduation date so it looks as if I was supposed to graduate in 2012, but I will not be finished with my degree for aug 2013. I have sent the loan processor this information as well as the loan provider can the underwriter still deny my loan because they think my DTI ratio is to high even though they have evidence that my college loans will not be in repayment until 2014?
Also, I was told that if I had more than two years to complete my degree that these loans could not be used against me when applying for a loan. Is there any truth to that?
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