FFAM is proud to be the only Credit Advising company in the nation with Student Loan solutions for the ever-changing guidelines of the Mortgage Industry. Over the past years, as repayment plans such as "Income Driven" have become increasingly popular, the guidelines for home loan qualifications have adapted to the times. Someone applying for a mortgage 5 years ago with student loan debt may have easily been approved, whereas the same person now may find themselves being turned down for a loan due to guideline changes. The experts at FFAM have learned to navigate and solve most problems caused by FHA and Conventional guidelines, so that homebuyers with student loan debt can still fulfill their dreams of homeownership.
Student loans are costing people their dreamhomes
and We have an answer
*Disclaimer: FFAM is not affiliated with the Department of Education. FFAM's staff are highly trained on the FHA and Conventional Home loan guideline qualifications and DOE repayment plan options in order to properly advise potential homebuyers. Advice provided includes how to avoid purchase-power penalties related to corresponding mortgage guidelines that may require higher monthly student loan paymentS calculated into Debt-to-Income ratios for mortgage approvals and pre-approvals. FFAM works with each referring mortgage lender and homebuyer to properly identify and provide solutions to help avoid such penalties.
Referred to us for Credit Advice?
FOR CURRENT CLIENTS
ffam accepts clients upon direct-referral only
IN ORDER TO MAINTAIN OUR CUSTOMER SERVICE QUALITY AND APPROPRIATE CLIENT-TO-ADVISOR RATIOS, FFAM DOES NOT PROVIDE direct consumer marketing, DIRECT PHONE CONTACT INFORMATION THROUGH OUR WEBSITE, OR ACCEPT ANY NEW CLIENTS WITHOUT A REFERRAL FROM ONE OF OUR PREFERRED MORTGAGE PARTNERS OR DIRECTLY FROM PREVIOUS CLIENTS. WE APPRECIATE YOUR UNDERSTANDING. IF YOU HAVE BEEN PERSONALLY REFERRED BY SOMEONE, WE LOOK FORWARD TO WORKING WITH YOU SOON!
Student loan solutions
providing repayment advising
for the mortgage industry
- Professional Advice and Overview
- FHA and Conventional Guideline Equations and Options
- Diagnosing the Student Loan Issues Causing Mortgage Denial
- Explanations of Possible Repayment Plan Adjustments and Terms
- Amortized and Non-Amortized Explanations and Options
- Avoiding DTI Penalties such as "The 1%"
- CAIVRS Report Issues and Assistance
FROST FINANCIAL ADVISING & MANAGEMENT, LLC