Need Advice Obtaining Mortgage

[Melody Stevens]

Help!!!

I am trying to get a mortgage.. $85k max.. originally for investment purposes but circumstances have changed due to a death in the family.

I've tried credit unions, local banks, big banks... no one will approve me without a $60k downpayment due to student loan amounts vs income (debt to income to high). My loans are in deferment until the government decides if they will be forgiven due to school closure. It's been 4 years now with no telling when a decision will be made.

What do I do? I dont want to rent. I want to buy so I can put equity into the house and use for investment later down the road. I have $5k for a down payment, please dont laugh to hard... need some advice.