Do We Have to Count Student Loans for an FHA Mortgage if I Am in Forbearance?
Yes, we still have to count your student loan debt against you for debt to income purposes if your loans are in repayment or forbearance.
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Can I use the current value of my home to eliminate mortgage insurance on my Conventional mortgage?
Yes, you can use the current appraised value of your house to help eliminate mortgage insurance on a Conventional mortgage. However, you will most likely need 25% equity vs the normal 20% for the mortgage servicer to approve the elimination.