Fannie: Student Loan Cash-out Refinance

Posted By: Reg Warrior

Fannie: Student Loan Cash-out Refinance - 06/13/17 10:13 PM

Is anyone using or going to use the new Fannie Mae program for paying off student loans with a refinance of the borrowers' first mortgage? If so, are you going to create a notice advising the borrower that the student loan benefits (deferments, income based repayment, etc.) will no longer apply to them?

Thank you!