🏡 Can I Buy a Home with Student Loans? Houston First-Time Buyer Tips

🎯 Buying a Home with Student Debt Is Possible

If you’re a first-time buyer in Houston and have student loans, you might think homeownership is out of reach. You’re not alone — 72% of student debt holders believe their loans will delay buying a home.

But here’s the truth: 32% of first-time homebuyers already have student loan debt and still qualify for a mortgage. The key is knowing how lenders view your finances and preparing your application strategically.

📊 How Lenders Look at Student Loans

When deciding if you qualify, lenders focus on your Debt-to-Income (DTI) ratio, not just your total debt. This ratio compares your monthly debts (including estimated mortgage payment) to your monthly income.

✅ DTI sweet spot: Typically under 43% for most loan programs
✅ Credit score range: Many first-time buyers qualify with scores as low as 620–640
✅ Payment history: Consistent on-time payments are a huge plus

💡 5 Tips to Boost Your Home Buying Chances with Student Loans

1. Check Your Credit Report – Look for errors and get them corrected.

2. Lower Your DTI – Pay down small debts to free up room in your budget.

3. Explore First-Time Buyer Programs – FHA, VA, and USDA loans can be more flexible with debt.

4. Use Down Payment Assistance – Houston programs can give you $10K–$17K toward your purchase.

5. Get Pre-Approved Early – This tells you exactly what you can afford and strengthens your offer.

💬 Why Student Loans Don’t Have to Hold You Back

Your student loan is just one part of your financial profile. Even if your balance feels overwhelming, you may still qualify for a mortgage — especially if your payments are manageable compared to your income.

And remember, owning a home builds equity over time. The sooner you start, the sooner you stop paying your landlord’s mortgage and start building your own wealth.

📍 Real Stories from Houston Buyers

I’ve helped clients buy their first home with:

• $45,000 in student loans (using FHA financing)

• $60,000 in student loans (using down payment assistance)

• Multiple loan types consolidated into one manageable payment

Every buyer’s situation is unique — which is why we start with a one-on-one strategy session.

📞 Let’s Create Your Plan

If you have student loans and want to buy a home in Houston, the first step is to understand your numbers and explore your loan options.

📲 Call or text Alejandra Reyes at (281) 236-3292
🌐 Visit: alejandra.triciaturnergroup.com
📧 Email: alejandra@triciaturnerproperties.com