![]() ![]() ![]() If you are trying to qualify for a mortgage and you have an IBR or IDR payment plan, forbearance could present a problem. If your payments were automatically withdrawn from your bank account, that has also been suspended. When you have student loans, qualifying for a mortgage can get tricky.ĬOVID-19 UPDATE: Federally serviced student loans were put into automatic administrative forbearance until September 30th, 2020 as part of the CARES Act, signed into law on March 27th, 2020. Get Introduced to a Student Loan Mortgage Expert NowįHA UPDATE - June 17th, 2021: FHA Removes 1% Rule
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