batman23

I will just payoff remaining auto loans and apply in 6 months. Thanks for the feedback Sent from my iPhone using Tapatalk

I understand the concept of the change. But it seems like this is an extreme measure when most of the income based plans are controlled by the income. If the income increases then one can afford a higher mortgage payment and a higher student loan payment. Is there any talks of modifying this law due to the effects it could have on market? Sent from my iPad using Tapatalk

Thanks for the response. My wife has a high balance on student loans since she obtained a doctrine in her field. The loan balance is 140k. The payment is far below what the 1% would be- So even if there is a payment being reported to said trade-line they will still use the 1 %? Is this for all types of mortgage loans? Conventional, FHA, RD etc? Sent from my iPad using Tapatalk

Does the bank use the reported payment or 1 percent calculation ? Sent from my iPad using Tapatalk

Where did you get 40 ? I was looking at the apple version at 75+

I am looking at USDA or Conventional. Are there any other options around this 1-2% ? If required to get on a fully amortized plan so we can get the lower payment for the DTI - which ones are acceptable or best ? I believe I saw an graduate extend student loan Thanks for your help and feedback

I am looking at getting a mortgage and wife is on an IBR. So even with a payment reporting they will still use a 1% of the balance as a payment? Also I heard there is changes being made in june - do you know what these changes are going to be ? The payment we pay is much less the 1%

Anyone have 3 bureau report discount

What are the usda mortgage loan limits ?

I filed for bk7 in June 2011 and property was returned to the bank but they didn't do anything till 06/2013. So it is now listed as a foreclosure.Anyone had any luck clearing these type of issues up ? I have been advise that I need to wait 3+ years from foreclosure date and not the bk date to buy a house ??

What is independent mortgage review ? Are you referring to mortgage settlement

Can a lender advise that we have an internal mod so we wont do a HAMP review?