If you need assistance, please call 972-543-4350

Student Loans | Biggs Realty Blog

Tuesday, February 8, 2022   /   by Kenneth Brands

Will Student Loans Delay Your Dream Of Homeownership?

If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt?

To give you the answers you’re searching for, let’s take a look at what recent data shows. That way, you know what to expect and what to do next to achieve your dream of becoming a homeowner. While everyone’s situation is unique, your goal may be more within your reach than you realize.
Do you have to delay your plans because of student loans?
If you’re worried your student loans mean you have to put your homeownership goals on hold, you’re not alone. In fact, many first-time buyers believe they have to delay their plans. According to data from the National Association of Realtors (NAR):
“When asked specifically about purcha ...

  biggs realty, dallas real estate, home buyers, tips for buyers, market update, plan of action for home buyers, dfw real estate, frisco home values, mckinney home sales, new home buyers, resources, millennial home buyers, dallas home sales, dallas-fort worth real estate, millenials buying real estate in dallas texas, mortgage, north texas home sales, mortgage rates, student loans