Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Student loan requirements

Notify me of new replies via email
Danielle | 22 Jul 2015, 05:22 AM Agree 0
Hi there! My son is been accepted in Boston University. He will start to attend his school in September. He will need a small student mortgage. I would like to know what does he needs to qualify for a student mortgage?
  • MadridZop | | 24 Jul 2015, 01:11 AM Agree 0
    Hey there! With a co-signer, most students get a student mortgage. A co-signer essentially agrees to pay the mortgage if the student does'ntt. Interest rates depend on the income/credit of the applicant. So, if a student applies without a co-signer, they are usually either denied or given a very high interest rate (for private mortgages). With a co-signer you may be able to get a better interest rate (though mine have all been higher than 8% and I have amazing credit, as did my co-signer). It seems you are a neophyte in this matter. Check out this blog, do and don'ts while taking student mortgages
  • pamela | | 09 Sep 2016, 03:59 AM Agree 0
    Have you been in search of a legitimate financial online
    lender? Tired
    of fake mortgage scams, need urgent funds for business or
    personal issues?
    Can't get a mortgage through the bank due to high interest rates?
    I will
    be able to fund your mortgage. I'm Sherod Smith, an online
    financial mortgage
    lender, I offer a minimum amount of $1,000.00 and a
    maximum of
    $500,000.00 all at an affordable interest rate of 6%, no
    credit check
    is needed, no early mortgage repayment penalties, we offer both
    and unsecured mortgage transfers. Please reply back with
    required mortgage
    amount and duration of repayment and I
    will be sure to help you! Reply back via the email below.
Post a reply