{"id":2713,"date":"2026-07-08T11:02:49","date_gmt":"2026-07-08T11:02:49","guid":{"rendered":"https:\/\/lakeandhomes.com\/blog\/student-loans-are-back-in-the-news-dont-let-it-put-your-homeownership-plans-on-hold\/"},"modified":"2026-07-08T11:02:49","modified_gmt":"2026-07-08T11:02:49","slug":"student-loans-are-back-in-the-news-dont-let-it-put-your-homeownership-plans-on-hold","status":"publish","type":"post","link":"https:\/\/lakeandhomes.com\/blog\/student-loans-are-back-in-the-news-dont-let-it-put-your-homeownership-plans-on-hold\/","title":{"rendered":"Student Loans Are Back in the News. Don\u2019t Let It Put Your Homeownership Plans on Hold."},"content":{"rendered":"
\"Student\n

Student loans are back in the spotlight. And whether you\u2019ve been following the headlines closely or just catching bits and pieces here and there, there\u2019s a good chance they\u2019ve been on your mind lately.<\/p>\n

And if you\u2019re questioning whether you have to hit pause on your plans to buy a home<\/a>, here\u2019s the thing you have to remember:<\/p>\n

Having student loans doesn\u2019t automatically mean buying a home has to wait.<\/strong><\/p>\n

The Biggest Myth About Student Loans and Buying a Home<\/strong><\/h4>\n

One of the most common misconceptions among first-time buyers<\/a> is that they have to pay off their student loans before they can qualify for a mortgage. But in most cases, that\u2019s just not true.\u00a0<\/p>\n

As an article from Redfin<\/em> explains, student loans usually get evaluated the same way other debts do, like credit cards or car payments:<\/p>\n

\n

\u201cYes, you can get a mortgage with student loan debt. <\/em>Lenders primarily assess your debt-to-income (DTI) ratio, which compares your monthly debt payments, including student loans, to your gross monthly income.<\/em><\/strong> Having student debt doesn\u2019t automatically disqualify you if your DTI is within acceptable limits.\u201d<\/em><\/p>\n<\/blockquote>\n

So having that loan on your credit report isn\u2019t some special red flag that immediately disqualifies you.<\/strong><\/p>\n

Instead, lenders look at your overall financial situation, including your income, credit history, and more. Student loans are one piece of that puzzle, but they\u2019re not the entire picture.<\/p>\n

You\u2019re in Better Company Than You Think<\/strong><\/h4>\n

Just to really drive this home, here\u2019s a stat<\/a> from the National Association of Realtors <\/em>(NAR) that proves you can have student debt and still buy a home. Their research <\/em>shows 33% of first-time homebuyers still had student loan debt.<\/strong><\/p>\n

\"a<\/p>\n

That\u2019s 1 out of every 3 first-time buyers. <\/strong>The median amount they owed? $30,400<\/strong><\/a>.<\/strong><\/p>\n

Let that reassure you that people are buying homes with student debt every day. And carrying student loans doesn\u2019t automatically put homeownership out of reach.<\/p>\n

Don\u2019t Count Yourself Out Before You Even Try<\/strong><\/h4>\n

At the end of the day, here\u2019s where a lot of buyers trip themselves up. They assume the worst and never even check what they could actually qualify for. But your situation is more unique than a blanket \u201cno.\u201d<\/p>\n

If your income is steady and the rest of your finances are in decent shape, buying a home could be more realistic than you think. The only way to know for sure is to actually run the numbers with someone who does this for a living.<\/strong><\/p>\n

You may discover you\u2019re closer to buying than you think.<\/p>\n

Bottom Line<\/h3>\n

Student loans don\u2019t have to be the thing standing between you and owning a home. If you\u2019ve been putting off your homebuying plans because of that debt, talk to a lender about your options. It may not be the barrier you think it is.<\/p>\n<\/div>\n

The post Student Loans Are Back in the News. Don\u2019t Let It Put Your Homeownership Plans on Hold.<\/a> first appeared on Sandpoint Realty<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Student loans are back in the spotlight. And whether you\u2019ve been following the headlines closely or just catching bits and pieces here and there, there\u2019s a good chance they\u2019ve been on your mind lately. And if you\u2019re questioning whether you have to hit pause on your plans to buy a home, here\u2019s the thing you […]<\/p>\n","protected":false},"author":1,"featured_media":2714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sandpoint-real-estate"],"_links":{"self":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/2713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/comments?post=2713"}],"version-history":[{"count":0,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/2713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media\/2714"}],"wp:attachment":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media?parent=2713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/categories?post=2713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/tags?post=2713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}