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Old 02-21-2012, 01:19 PM
insideac insideac is offline
Junior Member
Join Date: Feb 2012
Posts: 1
Default How would mortgage affect my future student loans?

Hi guys! This is my first post but Ive been lurking around for a while hehe.. I am 23 years old and plan to buy my first home later this year (a multifamily with 2 or 3 units max), but I was concerned about one thing: How would a mortgage ultimately affect my chances of getting student loans later on?

By fall 2013 I will need to take out student loans to pay for school, which will cost an average of 30k a year, but will my mortgage negatively impact the student loan officer's decision, and if so, is there any way around it? I don't want my house buying to cause me to change schools. Any help is much appreciated!

EDIT: Some info about me:

Currently I only have one credit card payment for min. $20, and no other debt. I make around $24k a year and my average credit score across all three systems is 680.
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