Hey,
I can tell you from experience I have been shopping around for a mortgage and have been told no from two banks one was becasue they would have to use 1% of student loand dept for a USDA loan which increased my DTI way over the mark and they didnt even consider my IBR payments. And Loandepot told me the same thing when i applied with them using the one percent and then they wanted a 5% down payment not sure if that was for the conventional route. I have been having a hard time and its so heartbreaking. All I can say is find a loan officer that will care and really try to get you approve and explain the loan process.
