Be A Student Loan Debt Hero | Pam Marron | Good. Better. Broker. Ep 104

Finding Solutions for Aspiring Homeowners Who Are Struggling With Student Loan Debt Of the more than 42 million student loan holders in the U.S., it’s estimated that only 10 million are current on their payments. That means there’s lots of opportunities for mortgage professionals to help. How can LOs help those who are struggling with student loan payments so they can qualify for a home loan? Watch Episode #104 of Good. Better. Broker. to hear from one of the industry’s foremost advocates on consumer credit reform and long-time independent mortgage broker on how her fellow mortgage brokers can be part of the solution. In this episode of the Good. Better. Broker. podcast, you’ll learn how to help potential borrowers overcome student loan debt struggles so they can become eligible for mortgage financing. In this episode, we discuss… 1:37: How student loan debt became a focus for Pam 4:07: How student loan delinquency impacts a borrower’s ability to get a mortgage 5:53: Pam’s efforts to spur positive change for borrowers 8:47: How to help those with student loan debt get on repayment plans 9:53: The path for a potential borrower who is past due on their student loans 11:31: The impact of credit damage on being able to obtain mortgage financing 13:22: How to boost credit enough to obtain down payment assistance 14:49: How mortgage loan originators can help borrowers with student loan debt issues 15:43: Why independent mortgage brokers are in a great spot to help these borrowers 16:43: Why this cause is so meaningful for Pam 19:24: Advice for loan originators on how they can help Episode 104 | Be A Student Loan Debt Hero Listen & Subscribe to the Podcast: Apple Podcasts, Spotify – https://www.uwm.com/good-better-broker?utm_source=youtube&utm_medium=streaming&utm_campaign=gbb THIS INFORMATION IS PROVIDED TO MORTGAGE PROFESSIONALS ONLY, AND IS NOT INTENDED FOR, OR, AUTHORIZED FOR CONSUMER DISTRIBUTION. THE VIEWS EXPRESSED BY GUESTS ARE THEIR OWN, AND DO NOT NECESSARILY REPRESENT THE VIEWS OF UNITED WHOLESALE MORTGAGE, LLC. THE INFORMATION, OPINIONS, AND RECOMMENDATIONS PRESENTED IN THIS PODCAST SERIES DO NOT CONSTITUTE LEGAL OR OTHER PROFESSIONAL ADVICE OR ENDORSEMENTS OF ANY KIND.