PrimeLending Indiana

Great news for homebuyers with student loans! HUD is changing how student loan debt will be calculated for DTI (Debt to Income ratio). Going forward, the minimum monthly payment lenders are required to calculate on student loan debt is being reduced by half. How does this help? Homeownership is more accessible to potential homeowners with high student loan balances. https://on.wsj.com/3iYOVzc

A prequalification tells a prospective home buyer how much money they may be eligible to borrow before they apply for a loan.

*All loans subject to credit approval. A prequalification is not an approval of credit, and does not signify that underwriting requirements have been met. Conditions and restrictions may apply.

- https://lo.primelending.com/bwaddey

We believe in homeownership for all and that diverse, inclusive communities are healthy, resilient and growing. We are committed to helping people of all gender identity or sexual orientation achieve their dreams and enjoy the benefits of owning a home.