Help! Student Loan Debt Considered for FHA & 203k loan

[Ashley Sanchez]

Recently, spoke with mortgage broke to attempt to qualify for my first MFR to 'househack'/rent. I provided him my general background: Have 140k student loan debt 37 k annual salary Credit score of 700+ He said that with the new rule of considering student loan debt I would not qualify for a mortgage because of him having to consider the payment. I told him I wanted to use the FHA loan to fund a rehab property under 80k and then get a 203k loan for rehab work. I'm truly getting discouraged because of it's not one thing it's another. If is not your DTI is too high, now it's student loan debt. Can some advise if he is correct or if their are other loan avenues or lenders I can consider?