Student Loans & Homeownership

Yes, you can buy a home if you have student loans. Most peole do! In fact, you’re far from alone. Roughly 42.3 million Americans have federal student loan debt, and 37% of first-time homebuyers have student loan debt. Among student debt holders who do not yet own a home, 72% say they believe that debt will delay homeownership. That fear is real, but student loans do not automatically stop you from qualifying for a mortgage. Most of my first-time homebuyers have student loans.