Hi everyone. I am in the process of applying for an FHA-insured mortgage, and it came to my attention that any outstanding federal debt can disqualify you. I had a federal student loan (Stafford) in default years ago, but I thought it was satisfied via wage garnishment. Then I checked the federal student loan database and lo and behold, I have an unpaid Perkins loan in default I was unaware of; the wage garnishment didn't cover it. I have dug around for info, and it's in collections (although it's so old it's off my credit report), and I do want to pay it off. However, in the meantime, I guess my question is since Perkins loans are technically given by and repaid to the college and not the government, are they considered federal debt and will having one in default trip up my loan application in CAI?
