Student Loans that has been deferred for more than 12 months are exempt from debt to income ratio calculations on VA LOANS. Not with FHA LOANS. 1.0% of the student loan balance is used as borrower monthly debt by mortgage underwriters. Unless, borrowers can contact student loan provider and get fully amortized monthly payment on an extended payment plan which is normally 0.50% of student loan balance.
Gustan Cho NMLS 873293
A Division of DAS ACQUISITION COMPANY NMLS 227262