Finance
A NH buyer with a significant amount of student loan debt applying for a conventional mortgage will find that student loans affect their:
AOnly their credit score
BTheir DTI ratio, which could limit the mortgage amount they qualify for✓ Correct
COnly their property tax calculation
DOnly their ability to apply for FHA loans
Explanation
Student loan payments are included in the borrower's monthly debt obligations for DTI calculation. High student debt payments can significantly reduce the mortgage amount a borrower qualifies for.
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