
Securing a mortgage can be a complex process, particularly when student loan debt is involved. Understanding how Freddie Mac, a significant player in the secondary mortgage market, assesses student loan debt is crucial for prospective homebuyers. This guide delves into the intricacies of Freddie Mac’s guidelines, providing clarity on how student loans impact loan eligibility, appraisal considerations, and the overall mortgage application process. We will explore the various aspects of Freddie Mac’s approach to student loan debt, including the types of loans considered, the impact of different repayment plans, and how deferments or forbearances are handled. We’ll also compare the Read More …