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Completed school loan debt and in contract for new home build.

Thankfully, we just found out our last remaining debt (student loan) was forgiven due to PLSF - it should have been forgiven over 2 years ago. Whatever. It’s done and we have confirmation email and account balance is now zero.

We emailed out loan officer to let them know. We are in a 150 rate lock (mid august) with a rough estimate of a close in late May/early June.

We know this isn’t “official” for the loan officer as they will want to see it reported by the 3 credit bureaus, but should we contact the credit bureaus to “expedite” this as it’s a bit time sensitive as I know it can easily take 60-90 days for a revolving loan to drop?

submitted by /u/rhuff80
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source https://www.reddit.com/r/RealEstate/comments/tq392f/completed_school_loan_debt_and_in_contract_for/

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