A traditional loan playing with Federal national mortgage association or Freddie Mac advice will allows you to make use of your IBR fee to possess being qualified. Each other Fannie and you will Freddie keeps step 3% downpayment software available. The largest difference in FHA and you may Old-fashioned is the fact FHA lets you to definitely hold so much more credit debt, in fact it is always a lower life expectancy rate and you may commission should your credit ratings try lower than 700. Read more about We have family members all over the country which have comprehensive sense towards education loan recommendations …