Student loan rates have doubled as of July 1, 2013. Do you have a student loan? Are you wondering how this affects getting a home loan? Will your rate be higher? Will you qualify for less? According to the latest information, student loans will double for NEW loans only. If you currently have a student loan as many do, you will not be affected. If you are interested in qualifying for a home loan before interest rates continue to rise, contact a NMWelcomeHome Team Specialist. We can find the home right for you and help you contact a mortgage company to get the loan and loan rate you deserve.Â
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