Home Ownership Archives

Student Loans and Mortgages: The Impacts and Strategies for Homebuyers

Student debt can make it difficult to buy a house, but careful mortgage planning can make a home loan possible for student loan borrowers.

The best federal student loan repayment plan for mortgage applications is usually — but not always — the one with the lowest monthly payment.

Interest rates, personal goals, and loan balances all can shift the math on whether it is better to save for a house or pay down student debt.

Student loans have always been a hurdle to buying a home. Inflation makes it even more difficult for borrowers to get a mortgage.

Using home equity to pay off student loans can work in some circumstances, but this strategy has major risks.

If you are not careful, cosigned student loans can make it harder to get a mortgage and impact the size of your mortgage.

Selling a condo to pay off student loans is a desperate move and better options are normally available.

When student loan borrowers can’t participate in the housing market, it hurts all homeowners.

Student loans are an obstacle for borrowers that want to refinance their house, but there are ways to get student loans ready for the application.