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Updated over 5 years ago on . Most recent reply

Derek York's profile image
Derek York's profile image
Derek York
  • from Carlsbad, CA
  • Member since Feb 13, 2019

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22
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Derek York's profile image
Derek York's profile image
Derek York
  • from Carlsbad, CA
  • Member since Feb 13, 2019
Derek York
  • Carlsbad, CA
1
Votes |
22
Posts
Private Lending & Conventional Mortgage Advice

Studen loans and the Pre-approval process

Derek York
  • Carlsbad, CA
Posted

Hi everyone. I am trying to buy my first rental. The next step for me is to get pre-approved. I have an idea on the type of info they are going to ask me but I had a question about my student loans. I have about 30k in federal loans that I have not started paying off yet. So I have not made any payments as of today. Will lenders want to know the amount of outstanding loan or just my monthly payments, if I have any.

Thanks!

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