Graduating From College? 3 Things You Need to Know About Mortgages and Student Loans
Are you thinking about buying a new home using a mortgage loan? If you've just graduated from college, you're probably wondering how your student loans will impact a mortgage and what your options are. In today's post we'll share three things that you need to know about mortgages if you're still working on paying off your student loan debt. #1: Yes, Your Student Loan Will Affect Your Application You might as well embrace the fact that your outstanding student loan is going to cause some questions to be asked during the mortgage application process. Mortgage lenders have a responsibility to…