Student Loan and a FHA Mortgage

[shagginabit]

Okay, here's the deal:

 

I'm about to close on my home either the end of the month, or the first week of next. However, I just started school again in september and I got a student loan for this semester for $4500. Well, when the mortgage company pulled my credit intially, the student loan wasn't on it, just the inquiry. I'm pretty sure the underwriter or whoever pulls the credit report the day of close or something and looks for new credit. Based on me *just* getting the loan this week, (well I haven't even received the refund funds yet), will it be listed on my credit report at the end of the month, or do loan companies have a grace period of at least 30 days before they can report anything? Should I cancel the student loan before it's listed on the credit report? Any ideas or suggestions?

[Cynic]

They have to report within 90 days of disbursement, to at least one CRA.

 

That's all that the federal regulations say.