Anyone else considering purchasing a home or condo when they start law school? I'm wondering if anyone has experience getting a loan as a law student. I'm married and my spouse will have income, but not enough to support a mortgage without some help from my student loans. Are lenders okay with having you pay off part of your mortgage with student loans while in school?
No. I asked my lender, and then called a broker to double check. Nope.I think if you are married, there is nothing to do about it. If you are not, the student can pay rent to the owner and that rent can be considered as income when qualifying for the loan.Sucks.