Equal Housing Lender
Student loan debt repayment is a growing need. Student loans deferred previously due to Covid-19 are now due effective October 2023.
Whether your client is investigating income based payments (IDR) to qualify for a mortgage or has a mortgage and would like to escalate the payoff, both options for government student loans can be done through Student Debt Solutions (SDS) connected through the HomePrep platform.
Navigating through these options can be done with the Student Debt Solutions DIY platform. If your client is in need of more in-depth help, this is available through HUD counseling agency Consumer Debt Counselors using the Student Debt Solutions platform, all through HomePrep.
If you want to manage your student loan debt on your own, there is a federal government resource at Studentaid.gov.
If you want to explore all options available, Student Debt Solutions can help.
Looking for student loan debt relief with a HUD counseling agency? Consumer Debt Counselors, a HUD approved counseling agency, offers personal guidance using the Student Debt Solutions tool to help you understand options.
There are a lot of choices if you want to manage your student loan debt on your own. The federal government provides many tools and resources on Department of Education (ED) websites like the Federal Student Aid website, Studentaid.gov. If you have a pretty straight-forward situation, it's totally doable.
Student Debt Solutions (SDS) is a self-help application for clients who have student loans to find ways to reduce Student Loan monthly payments.
SDS was developed by Non-Profit Counselors with a focus on finding every option a client is eligible for, including income-based payment reduction, forgiveness, cancellation and loan acceleration.
The cost for this service is $99. However, you see the options 1st before you decide to proceed!
If you see a benefit you like and want to proceed, then your SDS payment will provide you with all of the forms and instructions to take action on your new repayment plan.
You will receive an email from SDS to get you started.
If you are having a hard time getting started on your own, Consumer Debt Counselors, a HUD counseling agency that specializes in student loan debt relief, uses Student Debt Solutions to analyze federal student debt and identify all eligible options in just minutes. A HUD counselor can assist you for an additional cost.