{"id":242208,"date":"2025-05-14T22:35:07","date_gmt":"2025-05-14T22:35:07","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/real-estate\/dont-let-student-loans-hold-you-back-from-homeownership-cleveland-home-finder\/"},"modified":"2025-05-14T22:35:07","modified_gmt":"2025-05-14T22:35:07","slug":"dont-let-student-loans-hold-you-back-from-homeownership-cleveland-home-finder","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=242208","title":{"rendered":"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n            <img decoding=\"async\" width=\"\" src=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20250507\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png\" alt=\"Don\u2019t Let Student Loans Hold You Back from Homeownership Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\"\/><\/p>\n<p>Did you know? According to a recent study, <strong>72%<\/strong> of people with student loans think their debt will delay their ability to buy a home. Maybe you\u2019re one of them and you&#8217;re wondering:<\/p>\n<ul>\n<li>Do you have to wait until you\u2019ve paid off those loans before you can buy your first home?<\/li>\n<li>Or is it possible you could still qualify for a home loan even with that debt?<\/li>\n<\/ul>\n<p>Having questions like these is normal, especially when you\u2019re thinking about making such a big purchase. But you should know, you may be putting your homeownership goals on the backburner unnecessarily.<\/p>\n<h4><strong>Can You Qualify for a Home Loan if You Have Student Loans?<\/strong><\/h4>\n<p>In the simplest sense, what you want to know is can you still buy your first home if you have student debt. Here\u2019s what <em>Yahoo Finance<\/em> says:<\/p>\n<blockquote><p><em>&#8221; . . . student loans don\u2019t have to get in your way when it comes to becoming a homeowner. With the right approach and an understanding of how debt impacts your home-buying options, <\/em><strong><em>buying a house when you have student loans is possible.<\/em><\/strong><em>&#8220;<\/em><\/p><\/blockquote>\n<p>And the data backs this up. An annual <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/highlights-from-the-profile-of-home-buyers-and-sellers\" rel=\"noopener noreferrer\">report<\/a> from the <em>National Association of Realtors <\/em>(NAR), shows that <strong>32%<\/strong> of first-time buyers had student loan debt (<em>see graph below<\/em>):\u00a0<\/p>\n<p><a href=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20250507\/20250514-Percentage-of-Buyers-Who-Have-Student-Loan-Debt-original.png\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20250507\/20250514-Percentage-of-Buyers-Who-Have-Student-Loan-Debt-original.png\" alt=\"a graph of a student loan\" style=\"width: 100%; height: auto; display: block;\"\/><\/a>While everyone\u2019s situation is unique, your goal may be more doable than you realize. Plenty of people with student loans have been able to qualify for and <a href=\"https:\/\/www.simplifyingthemarket.com\/2025\/04\/24\/should-i-buy-a-home-now-or-wait\/?a=108451-0a0128613e0788621f4c2430c204afc8\" rel=\"noopener noreferrer\">buy<\/a> a home. Let that reassure you that it is still possible, even as a first-time buyer. And just in case it\u2019s helpful to know, the median student loan debt was<strong> <\/strong><a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/highlights-from-the-profile-of-home-buyers-and-sellers\" rel=\"noopener noreferrer\"><strong>$30,000<\/strong><\/a>. As an article from <em>Chase <\/em>says:<\/p>\n<blockquote><p><em>\u201c<\/em><strong><em>It\u2019s important to note that student loans usually don\u2019t affect your ability to qualify for a mortgage any differently than other types of debt <\/em><\/strong><em>you have on your credit report, such as credit card debt and auto loans.\u201d<\/em><\/p><\/blockquote>\n<p>If your income is steady and your overall finances are solid, homeownership can still be within reach. <strong>So, having student loans doesn\u2019t necessarily mean you have to wait to buy a home.<\/strong><\/p>\n<h3>Bottom Line<\/h3>\n<p>Having student loans doesn\u2019t mean buying a home is off the table. Before you count yourself out, talk to a lender to get a clearer picture of what you can afford and how close you are to taking the first step toward homeownership.<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you\u2019re one of them and you&#8217;re wondering: Do you have to wait until you\u2019ve paid off those loans before you can buy your first home? Or is it possible [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":242209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[20771,4629,22054,3094,1159,11477,11404,6763],"dealstore":[],"offerexpiration":[],"class_list":["post-242208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-cleveland","tag-dont","tag-finder","tag-hold","tag-home","tag-homeownership","tag-loans","tag-student"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=242208\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you\u2019re one of them and you&#8217;re wondering: Do you have to wait until you\u2019ve paid off those loans before you can buy your first home? Or is it possible [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=242208\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-14T22:35:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=242208#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=242208\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder\",\"datePublished\":\"2025-05-14T22:35:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=242208\"},\"wordCount\":410,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=242208#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png\",\"keywords\":[\"cleveland\",\"Dont\",\"Finder\",\"Hold\",\"Home\",\"Homeownership\",\"Loans\",\"Student\"],\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=242208#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=242208\",\"url\":\"https:\/\/fivemor.com\/?p=242208\",\"name\":\"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=242208#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=242208#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png\",\"datePublished\":\"2025-05-14T22:35:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=242208#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=242208\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=242208#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png\",\"width\":750,\"height\":410},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=242208#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=242208","og_locale":"en_US","og_type":"article","og_title":"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder - Som2ny Network","og_description":"Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you\u2019re one of them and you&#8217;re wondering: Do you have to wait until you\u2019ve paid off those loans before you can buy your first home? Or is it possible [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=242208","og_site_name":"Som2ny Network","article_published_time":"2025-05-14T22:35:07+00:00","og_image":[{"width":750,"height":410,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=242208#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=242208"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder","datePublished":"2025-05-14T22:35:07+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=242208"},"wordCount":410,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=242208#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png","keywords":["cleveland","Dont","Finder","Hold","Home","Homeownership","Loans","Student"],"articleSection":["Real Estate"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=242208#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=242208","url":"https:\/\/fivemor.com\/?p=242208","name":"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=242208#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=242208#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png","datePublished":"2025-05-14T22:35:07+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=242208#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=242208"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=242208#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/20250514-Don-t-Let-Student-Loans-Hold-You-Back-from-Homeownership-original.png","width":750,"height":410},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=242208#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Don\u2019t Let Student Loans Hold You Back from Homeownership | Cleveland Home Finder"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/242208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=242208"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/242208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/242209"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=242208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=242208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=242208"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=242208"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=242208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}