Student loan impact on mortgage apps

[jdpeach]

I know that student loans has a negative impact on your debt to income ratio for mortgage apps. Of course students loans are factored in the ratio causing your affordability low. So is it wise to consolidate these loans? Will it help to consolidate student loans making it more manageable? Will consolidation impact credit scores? Is there a way to put the sl's on your business credit?

[LynnInMN]

You cannot put them on business credit, that I do know.

[cmoz]

I thought if a Biz credit allows BT to a checking account, then one can just pay off SLs that way. Why wouldn't it be a good idea if BT is for 13 months at 0% APR with a $99 cap fee? If I do that I'll save between $250-400 interests on a 5K Citi SL.

[LynnInMN]

Keep in mind you will loose your interest deductability.

[cmoz]

My Citibank SLs alone almost didn't make to my tax deductible tables for interests paid under $600 (or 450?). But when I added to Fed Direct Loan and the deductible become somewhat significant. I see now there's a trade off with this planned transition (SL 2 BIZ CREDIT). Thanks for pointing that out!