Term: deferred student loans
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How a Deferred Student Loan Could Keep You From Buying a House

By Steven Shaw on 8/28/2014

How a Deferred Student Loan Could Keep You From Buying a House

The cost of your education isn’t just evident in your student loan debt. No, in fact, there is an ulterior cost lurking in the mix: the possibility of being ineligible for a mortgage. If you have a deferred student loan, it usually be will be counted against your income when you apply for the big-ticket debt. If you have a student loan, or multiple student loans, in deferment you’ll need to take extra precautionary steps, working closely with your lender to ensure your chances of getting approved for a mortgage.

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