: Large loan payments can make it harder to save for a traditional 20% down payment . Mortgage Options for Student Debt Holders
: Some buyers prefer to eliminate student debt entirely first to "unshackle" their monthly cash flow. student loans and buying a house
💡 : Ask your lender about mortgage credit certificates or local down payment assistance programs specifically for graduates in certain fields. : Large loan payments can make it harder
: These often allow for higher DTI ratios (up to 45-50%) and lower down payments, making them popular for first-time buyers. student loans and buying a house
Lenders focus on how your debt impacts your ability to manage a mortgage.
Maximum DTI limits usually cap at depending on the loan type.
