I Would Like to Refinance My Home with an FHA Loan. I Have Cosigned Several School Loans?

My daughter is currently in the grace period but I need to know if the payment amounts of the loans will be counted as debt for me also?

One thought on “I Would Like to Refinance My Home with an FHA Loan. I Have Cosigned Several School Loans?”

If your daughter’s student loans are in deferrment for at least 12 months, it will not count against your debt-to-income ratio. If she is still in school, she can easily show proof of a 12 month deferrment. If she is not, she can request a deferrment or forebearance (depending on the loan company).

PS – I sure wish I knew what the person above me was rattling about