Coldwell Banker Premier Realty

Student Loan Debt as a Challenge to Homeownership

New Fannie Mae Solutions
Posted by John McClelland on April 25, 2017 in  cash out refinance  debt to income  Fannie Mae  student loan
Housingwire.com reports that Fannie Mae has come up with several solutions to help with student loan debt, which has been problematic for a large swath of potential mortgage borrowers. Forbes has published statistics that find that total student loan debt in the U.S. is $1.31 trillion with 44.2 million borrowers. In Nevada, the average student loan debt is $23,462. Even with these basic figures, we can start to get a view of the scope of the challenge.In an attempt to tackle this issue, Fannie Mae's ... read more
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