New FHA rules and income based student loan repaymentI was pre-approved for an FHA mortgage last year but decided to hold off for a couple months on purchasing due to some expenses that came up. I tried to start the process again this past week to get another pre-approval, but was now told that I won't qualify for the amount I'd like because FHA has changed the rules on income based student loan payments as of the start of 2014. My credit score is good (around 750) and I have a decent income, but my student loans are relatively high.The loan officer said that FHA now requires them to use the highest possible payment I would make on my student loans (the standard 10 year repayment) which puts my DTI too high for the mortgage I'd like. I know the DTI rules changed this month, but I haven't seen anything else that mentions how they perceive IBR student loans. I also realize that people have had trouble with them in the past with certain banks, but she made it sound like it was an across-the-board FHA change. I contacted another mortage officer who was recommended to me, but he didn't seem to know anything about it. So, I'm not sure if this is true to all FHA loans or just those through this particular bank. I can change my student loan plan back to the extended payment plan or try again with another bank, but before I go through the hassle, does anyone know if this is true for the IBRs and all FHA loans?Thanks!January 22 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.