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Ways That Student Loans Can Affect Your Mortgage


Most college students are aware of the financial burden that comes with student loans. However, many don't realize that these same loans can have a lasting impact on their ability to obtain a mortgage in the future.


For those seeking a home loan, it’s important to understand how student loan debts affect your credit score and overall eligibility for mortgages. It’s possible that having student loan debt could place you in a higher risk category when applying for a mortgage, resulting in higher rates or more restrictive terms than someone whose credit score is not impacted by student loans. Additionally, lenders also take into account your income-to-debt ratio when approving applications; if your debt load (including any student loan payments) is too high relative to your income, it can make it difficult to qualify for the best mortgage rates or even get approved at all.





The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.



Our goal is to help you find a fresh start FAST!


Schedule your free consultation today! By Calling 626-338-5505 or visiting us at the 12738 Ramona Blvd Baldwin Park CA 91706






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