Can I buy a house while on a full time student loan?
It’s assumable morgage.. so no down payment… and my rent would just be bank payments. Can I do that on a student loan? It would actually be cheaper for me to live, because the basement can be rented out…
I believe you can buy a house without a job however are you sure that you want to buy a house while you are still in college full time?
You will want to find a good loan company such as a bank that you can get your pre-qualification before you start looking for houses. That way, you know how much you can buy and if you can buy. Talk to a loan officer.
I would suggest the book below: it is really cheap and cheaper online and goes through the steps of “if you should or shouldn’t” buy a house. Plus I added a site that has lots of information about if you should or shouldn’t and if you can or can’t buy a house. I know this doesn’t answer your question however I hope it will give you a good start. There are many things to think about while buying a large purchase such as a house. Good Luck!
