BUYING YOUR FIRST HOME:DEALING WITH STUDENT LOANS
It's different to be a first-timehome buyer as compared to an experienced one.
First-time home buyers often skew younger then the general home-buying population which means less work experience, lower income levels, and usually, less money saved for down payment.
It also can mean higher levels of federal student loans and debt.
Concerns about student loan obligations are among the reasons why first-time home buyers account for a smaller percentage of the housing market as compared to recent years.