Question : Must I include student loans in debt-to-income ratio if my parents pay my student loans?
I am going to apply for mortgage pre-approval. My student loans are in my name, but my parents pay the monthly bill. Do I have to include the loans in my debt-to-income ratio if my parents pay the monthly bill? Will the lender accept canceled checks to prove my parents pay the student loan?
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Best answer:

Answer by Glenn S
Yes you do. Your parents are not under any legal obligation to pay the loans and could stop at any time. You can explain the situation to the lender and they may might make an accommodation, but its unlikely.