As the government shutdown reaches the end of its second week, some student loan borrowers are saying they plan to skip their next payment. Although some borrowers don’t mind the credit ding, real estate professionals are urging borrowers who want to purchase a home this fall to keep paying — or risk derailing their homeownership journey for another year.
Source: Inman News
Don’t let buyer clients skip student loan payments during shutdown
Published in conventional loan, debt-to-income ratio, department of education, Education Data Initiative, Eric Croak, federal student loans, government shutdown, homeownership, housing affordability, Income-Driven Repayment, Income-Driven Repayment Plan, loan forgiveness, Markets & Economy, mortgage lender, Office of Management and Budget, Persis Yu, realtor.com, Select, student loan debt and student loans
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