Yes, You Can Buy a Home with Student Loan Debt

Yes, You Can Buy a Home with Student Loan Debt
Here’s How

You’ve got student loans, a dream of homeownership, and maybe a little voice in your head saying, “Yeah… probably not going to happen anytime soon.” 😬

You’re not alone. According to a recent study, 72% of people with student debt believe it’ll delay their ability to buy a home. But here’s the thing—that belief might be more fear than fact.

✨If you’ve been hitting pause on your homeownership goals because of student loans, I’ve got good news: You're probably closer to being mortgage-ready than you think.

What You Need To Know

🧠The National Association of Realtors reports that nearly a third of first-time homebuyers had student loan debt.

HUD says over 80% of FHA-insured mortgages go to first-time buyers—and nearly half of those buyers also carry student loan debt.

So yes—people are definitely buying homes while still managing student loans.

The Key

🔑 Understanding how that debt plays into your overall financial picture. Lenders aren’t judging you for having student loans. What they are looking at is:

✅ Your debt-to-income ratio

✅ Stable income

✅ Your credit score

✅ How responsibly you manage your overall debt picture. 

Surprise: Student loan debt typically doesn’t weigh more heavily than credit card or auto loan debt.

So, What Does That Mean For You?

💡 Still not convinced? If you’ve got consistent income and a decent handle on your finances, student loans might not be the deal-breaker you thought they were.

There’s a solid chance you’re closer than you think to owning a home.

In fact, there’s a solid chance you’re way closer to homeownership than you realize.

Don’t Rule Yourself Out!

Your next move?

Talk to a lender. Seriously.

They can walk you through the numbers, help you understand what you qualify for now—or help map out a plan to get you there.

💬 Whether you’re ready today or a few steps away, clarity is power.

Want to talk options? I’ve got some great lender referrals and a no-pressure attitude. Let’s make a plan when you're ready.

Helpful Links

Mind the Gap: Home Price Differences by Race and Student Debt

Myth-Busting Millennial Tropes: 8 Common Myths Busted

FHA Eases Requirements for Home Buyers With Student Loan Debt