06/19/2026
This is a myth! While it’s always a good idea to pay down your debts, you can still buy a home even if you have student loans or a car payment. Lenders will look at your debt-to-income ratio—the percentage of your monthly income that goes toward paying your debts—during the approval process to determine how much of a mortgage you can realistically handle. If you’re ready to talk more about your financial situation and your next steps into homeownership, send a message today.
