Can taking out a student loan affect my ability to get a home mortgage?

amyann16 asked:


My husband and I will be looking at buying a house this year, but I am also interested in starting my Master’s degree this fall. If I fill out financial aid paperwork before we buy a home, will it negatively affect my chances of getting a home mortgage?

Bradley

Tags: Financial Aid, Home Mortgage, Paperwork

This entry was posted on Monday, January 26th, 2009 at 3:54 am and is filed under Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Can taking out a student loan affect my ability to get a home mortgage?”

1. Lori Says:
   January 28th, 2009 at 9:27 pm

   That depends on the rest of your credit as well. You might want to get the mortgage BEFORE you get the student loan. Mortgage companies are a lot stricter than the financial aid companies. If you get the student loan first, you could hurt your chances of getting the mortgage. Good luck.

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