Some borrowers in federal student loan forbearance can't get mortgages - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

It all comes down to debt-to-income ratio

All federal student loans are in

as outlined by the CARES Act. All federal student loan borrowers have had automatic billing stopped, and interest rates suspended until the forbearance period ends. , told Business Insider that he'd spoken with multiple borrowers who found the way their forbearance is being reported is making it difficult to get approved for a mortgage.

"A student loan in a deferred or forbearance status may not report any monthly payment, because you may not be obligated to make one. It may just say zero," he said. "If that's the case and you're in that deferred or forbearance status, typically lenders use 1% of the outstanding loan balance as an estimated payment.

About 6% of Americans owe more than $100,000 on their student loans, according to November 2019 data from the

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 729. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us on Tuesday, July 14 at 1:30 p.m! BI reporter Shannen_Balogh will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Ventures, about how to build a pitch deck and what it takes to win over investors.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Stop getting married at plantations - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. lol Plantations are wonderful. I love spending time there. When will the Democratic Party be forced to change their name?
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Top business news: Jeffrey Epstein, Gen Z day traders, energy CEO facing arrest - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. YOU FRAUDS! Where is Billy Boy Hahahahah
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

How to use Instagram's shop tab to market your business and make sales - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »