{"id":4011,"date":"2022-02-08T05:00:14","date_gmt":"2022-02-08T11:00:14","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/dont-let-student-loans-delay-your-homeownership-dreams\/"},"modified":"2022-02-08T05:00:14","modified_gmt":"2022-02-08T11:00:14","slug":"dont-let-student-loans-delay-your-homeownership-dreams","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/dont-let-student-loans-delay-your-homeownership-dreams\/","title":{"rendered":"Don\u2019t Let Student Loans Delay Your Homeownership Dreams"},"content":{"rendered":"

\"Don\u2019t<\/p>\n

If you\u2019re looking to buy a home<\/a>, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you\u2019ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt?<\/span><\/p>\n

To give you the answers you\u2019re searching for, let\u2019s take a look at what recent data shows. That way, you know what to expect and what to do next to achieve your dream<\/a> of becoming a homeowner. While everyone\u2019s situation is unique, your goal may be more within your reach than you realize.<\/p>\n

Do you have to delay your plans because of student loans?<\/strong><\/h4>\n

If you\u2019re worried your student loans mean you have to put your homeownership goals<\/a> on hold, you\u2019re not alone. In fact, many first-time buyers<\/a> believe they have to delay their plans. According to data<\/a> from the National Association of Realtors <\/em>(NAR):<\/p>\n

\n

\u201cWhen asked specifically about purchasing a home, half of nonhomeowners say student loan debt is delaying them from purchasing a home <\/strong>(51%).\u201d<\/em><\/p>\n<\/blockquote>\n

When asked why their student loans are putting their plans on the back burner, three key themes emerged:<\/p>\n