🎓 Can You Buy a Home with Student Loan Debt? Absolutely—And This Summer Might Be the Perfect Time

If you’ve been daydreaming about buying your first home—but your student loan balance makes you hesitate—you’re not alone. Many Millennials and Gen Z buyers worry that student debt automatically disqualifies them from homeownership.

Here’s the good news: you absolutely CAN buy a home with student loan debt—and this summer might be the perfect season to make your move.

At Tidewater Mortgage Services, we help buyers just like you turn “someday” into “right now.”

💡 You Don’t Need to Be Debt-Free to Qualify

Let’s bust the biggest myth right away: you do not need to have zero debt to qualify for a mortgage. Lenders look at your debt-to-income (DTI) ratio, which compares your monthly debt payments (including student loans) to your income.

The key is balance. If your income can comfortably support your debts and a mortgage payment, you may be in great shape to qualify.

🏡 Loan Options That Work With Student Loan Debt

Many first-time buyers with student loans benefit from flexible loan programs designed just for you:

• FHA Loans: These allow lower credit scores and higher DTI ratios. You could buy with as little as 3.5% down.
• Conventional Loans: With strong credit and a manageable DTI, you might qualify for great rates and low down payments.
• Down Payment Assistance Programs: Ask us about state or local programs that can help cover upfront costs—even if you have student loans.

🔑 3 Tips to Boost Your Buying Power This Summer

1. Know Your Numbers
   Get a free pre-approval with Tidewater. We’ll help you understand your DTI and how your student loans factor into it.
2. Lower Other Debts (If You Can)
   Paying down credit cards or car loans could improve your loan options—even if your student loans stay put.
3. Don’t Wait for “Perfect”
   The perfect time to buy rarely looks perfect on paper. If you’re financially stable and ready for the next step, summer 2025 could be your moment.

☀️ Why Summer Is a Great Time to Buy

This season brings:

• More listings on the market
• Motivated sellers
• Time to move and settle before the fall

Pair that with expert guidance from Tidewater Mortgage Services, and you’ve got a recipe for a smooth, exciting homebuying journey—even with student loan debt.

Ready to Make This Summer Your First Home Season?

Don’t let student loans keep you on the sidelines. Let’s talk about your options, crunch the numbers, and help you see what’s possible.

📞 Call your local Tidewater loan officer today
or
🌐 Visit tidewatermortgage.com to get started

Student loans don’t define your future—your next address does. Let’s find it together this summer.