The CARES Act was passed at the beginning of the pandemic to provide relief for student loan borrowers by subsidizing interest payments and lowering monthly payments to $0 dollars a month. An unforeseen consequence, however, is that this is detrimental to student loan borrowers looking to take advantage of low interest rates and purchase a new home.
Three tips to consider when you decide to get married
See how you can still purchase a home despite having high student loan debt.
Consider the financial benefits of lowering your student loan payments to begin building wealth sooner.
These FHA guidelines calculate your debt to income ratio in a new way that can benefit you.