
Purchasing a home is a significant milestone, especially for recent graduates burdened with student loan debt. The Federal Housing Administration (FHA) offers a pathway to homeownership for many, but understanding how student loans impact FHA loan eligibility is crucial. This guide delves into the intricacies of FHA guidelines concerning student loan debt, providing a clear understanding of requirements, potential challenges, and strategies for success. We will explore how your student loan balance affects your credit score, debt-to-income ratio, and the maximum loan amount you can receive. We’ll examine the differences between federal and private student loans and discuss strategies for Read More …