Published August 2013. Financial aid and student loan rules change often, so some details may be out of date. Ask us about your situation.
If you’re thinking of buying a home soon, make sure to check the status of your student loans.
Mortgage companies take student loans into account when determining whether you’ll be able to pay your mortgage. If you have a large student loan balance when you try to buy a home, you may find your ability to borrow highly reduced.
Check out these great tips to find out how you can prevent your student loan debt from affecting your ability to get a mortgage and purchasing a home.