09/04/2026
๐ก FAQ FRIDAY: Can you buy a home if you still have student loans or a car payment?
A lot of buyers assume they need to be completely debt-free before they can become homeowners โ but thatโs not necessarily the case.
Student loans, car payments, credit cards, and other monthly debts are all part of the financial picture lenders consider when determining what you may qualify for.
What matters is how your income, monthly debt obligations, credit, savings, and potential mortgage payment all work together. ๐ฐ
And remember: being approved for a certain amount doesn't mean you have to spend that much. The goal is to find a home and payment that make sense for your actual life and budget.
๐ Swipe through to see what lenders look at and what you should consider before buying.
Thinking about buying but not sure where your finances stand? Let's talk through your options.
๐ 603-833-6476
๐ง [email protected]