Up till now if you had student loans, a lender could use your current payment towards your debt ratios. On June 30th that will all change. Starting July 1st we will need to use 1% of your student loan balance as your payment. Example,  if you current payment is $54 per month but you owe $20,000 on your loan… we will now have to count your payment as $200 per month. That could kill someone’s chance at buying a home. Let’s hope the people at FHA come to their senses before July 1st.