Freddie Mac changes for buyers with defered student loans

Freddie Mac Announced that it will be making slight changes to loans affecting borrowers getting loans immediately after graduating with their student loan debt on deferred or forebarance status. 

The changes are as such: 

A). The way the debt will be calculated will be to include 1% of the student loan debt in the determining DTI factor for approving the loan. Effective for settlement dates as of August 1, 2015

B). Effective October 26, loans backed by Freddie Mac will allow an increase in the number of properties a borrow can be obligated to and still get a loan when the property is a second home or investment property of 4-6 units.

C). The guideline for some loans requiring the buyer to have 2 years property management experience in order to use income from a subject investment property or other investment property owned by the buyer will be removed. 

See your lender to determine if your loan is affected by the changes.