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How to Buy a Home When You Have Student Loans

Student loans can feel like a roadblock on the path to homeownership, but that doesn't have to be the case. The SoFi mortgage was actually designed to help prospective homebuyers with student loans overcome some common hurdles.

For example, making that student loan payment each month can seriously interfere with your ability to save for a down payment. Fortunately, with a SoFi mortgage loan, you can put as little as 10% down without paying for expensive private mortgage insurance.
And while traditional lenders use strict debt-to-income (DTI) ratios to determine loan eligibility, SoFi uses a flexible DTI ratio. This means that even borrowers with big student loan payments can potentially get more financing than they thought was possible.

Have student loans? Thinking about buying a home?

Don't let student loans keep you from buying the home you really want. See what SoFi can offer you online in just a few minutes — just visit SoFi.com.

SoFi Lending Corp., NMLS #1121636. Terms and conditions apply. Please see SoFi's eligibility and licensing page for more details.