@Anonymous wrote:
Other than proof of income, do I need to have documentation for anything else? My student loans are currently in the consolidation process. I know how much the payment is going to be, but I haven't received an actual payment book or statements yet. Can I meet with a lender and just let them know how much it's going to be, or will I actually need this documentation? Thanks.
From what I read here, and what I have experienced, they pull all the info from your credit report. My student loans are in forebearance for a smaller amount, and had not updated on my report yet, so they included my normal amount when factoring my DTI. Is this a federal loan? Did you get a letter saying your consolidation was complete? I would think you can give them that letter, and perhaps when you get the statements you can update your LO with them.
