A blog about residential real estate in the Dallas area including Far North Dallas, Richardson, , Plano, Allen, McKinney, Frisco, Prosper, Celina Carrollton-Farmers Branch, Garland, and Wylie.
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Thursday, September 24, 2015
New FHA rules hamper mortgages for student-loan borrowers
The Federal Housing Administration just made it more difficult for first-time homebuyers with outstanding student loans to get low down payment mortgages with changes to the crucial debt-to-income calculation.
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