How Student Loan Debt Affects Your Mortgage Application

Applying for a mortgage while carrying student loan debt? In this episode, Lucas and Luna break down exactly how lenders calculate your debt-to-income ratio when you have student loans, including the controversial 1% rule versus your actual payment. They walk through a concrete example: a borrower with $450 per month in student loan payments and a $75,000 salary, and how much mortgage they can qualify for. You'll learn why income-driven repayment plans can actually hurt your chances, what the 'student loan payment holiday' means for homebuyers, and a specific strategy to improve your DTI before you apply. Plus, a discussion on how FHA and conventional loans treat student loans differently, and a look at a new 2026 Fannie Mae guideline that could help borrowers with deferred loans. If you're juggling student loans and dreaming of homeownership, this episode gives you the numbers and the know-how to navigate the process. #StudentLoans #Mortgage #DebtToIncome #HomeBuying #FHA #FannieMae #IncomeDrivenRepayment #CreditScore #DTI #FirstTimeHomeBuyer #StudentLoanDebt #MortgageQualification #LoanApproval #PersonalFinance #DebtPayoff #FexingoBusiness #BusinessPodcast #Finance Keep every episode free: buymeacoffee.com/fexingo