Are student loans in deferment counted against you when appying for mortgage?

I’m still in college, graduating in 3 months, have a job secured, and want to get a mortgage and buy a house in the new city BEFORE graduating/moving for the new job. Since my undergraduate student loans have been in deferment for a long time (I’m in my 6th year of grad school)…do they count against me for affordability in mortgage approval? I have no other debt/ no credit card debts, etc.

I know that student loans can count against you in buying a house as they are a debt but I dont know if we use student loans as a source of income while in college if we can count that as monthly income. So, my hubby and I are both in school, we have taken out student loans to help substidize our income so that we can go to school full time and work Part-time. We would like to try to buy a home (townhouse etc) soon. is it possible to count our student loans as income as that is how we pay for rent right now?

Register New Account
Reset Password