Student loan payment obligations get rolled into the crucial debt-to-income. t want to reveal to anybody what they’ve got in the bank. FHA remains an excellent mortgage source for anyone with less.
FHA-insured home loans made by approved lenders require only 3.5 percent down and have flexible qualifying guidelines. Mortgage insurance: With FHA loans, the upfront mortgage insurance premium may increase your loan balance, and monthly FHA premiums can cost more than private mortgage insurance would cost.