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We want to purchase a property. However, you may be worried you will never be eligible for home financing on account of their education loan loans. You are not by yourself. Half of non-homeowners (51%) state student loan debt is delaying her or him out of buying property, centered on a study throughout the Federal Association regarding Real estate agents®. You to number jumps so you can 60% to possess millennials.
Beginner financial obligation is no longer simply an initial-day house buyer problem People in the 40s and you may 50s who are paying student loans. It returned getting a master’s training, otherwise they are mothers which cosigned the children’s college loans. İncele
