The dream of homeownership has long been a cornerstone of the American dream. However, for many millennials and Gen Z’ers, the burden of student loan debt has significantly altered the path towards achieving that dream. The intertwining of student loan debt and the pursuit of homeownership presents a complex challenge for today's aspiring homebuyers. The impact of student loan debt on mortgage applications is a reality that cannot be ignored. As the landscape of student loan debt evolves, it becomes increasingly important for individuals to make informed financial decisions, establish strong credit profiles, and explore strategies to effectively manage their debt. Today, we have Catalina Kaiyoorawongs of LoanSense to share with us how you can achieve home ownership by having a process that will make sure your home loan application will be approved while still having student loan debt.
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