You will be required to make use of the 1% formula as long as financing is within forbearance
Next reason you happen to be getting the 1% number is that the bank has chosen so you're able to impose overlays apart from what is desired about advice
You could call the fresh new student loan bank and inquire getting removed from forbearance and you may must make sure your payments are increasingly being made punctually.
The financial institution that said Fannie mae allows .5% is kind of right, it's Freddie Mac, not Federal national mortgage association. If you qualify using .5%, that's most likely the most suitable choice.Read more
