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Hi all,
There shouldn't be any impact other than opening/closing accounts can impact your credit scores, worst case is you'd have to document the consolidation if it doesn't already reflect on the credit report.
FYI, if you are applying for Freddie Mac conventional financing then it might be able to be excluded from your DTI calculation if it meets the below.
The student loan payment may be excluded from the monthly debt payment-to-income ratio provided the Mortgage file contains documentation that indicates the following:
AND
First in the case of a consolidation you will close your original student loans and open a new consolidated loan. Any payments made before consolidation will not count toward PSLF outside the grace period. There is currently a small grace period running that will count the preconsolidation payments and allow minor errors but as soon as it ends you will need to comply in full. Your new account age will go down. Consolidation now will most likely lower your score and kill any future timely completion of PSLF. If you qualify for PSLF you need to have it filed now. If not then do not go through consolidation.