Monday, June 1, 2015

Kentucky VA Loans and new student loans guidelines

Kentucky VA Loans and new student loans guidelines for June 2015

Student loans under Income Based repayment plans with payments greater than $0.00 are acceptable. Payments of $0.00 under an IBR plan are not acceptable and will be subject to a payment calculation of 1% of the outstanding balance of the loan.

If payments are not listed on the credit report and cannot be verified with the creditor, the payment will be calculated using 1% of the outstanding balance of the loan



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Joel Lobb
Senior  Loan Officer
(NMLS#57916)

 phone: (502) 905-3708
 Fax:     (502) 327-9119

 Company ID #1364 | MB73346
 CONFIDEN