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re: Student loans and buying a house
Posted on 11/12/14 at 3:50 pm to LSUTigerBait07
Posted on 11/12/14 at 3:50 pm to LSUTigerBait07
quote:
First question is how do student loans affect being approved for a loan? Is it better to have higher income than a lower income to debt ration?
My fiance has 100K in student loans, and she makes about 75k a year. i on the other hand have 0 in debit except for current mortgage and make more than that. I was pre approved for 400k loan on the house we live in now. Would we be better off buying another home before we are married so i can avoid having that be taken into account on my income to debt ratio.
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