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Podcast: Lykken on Lending
Episode: 08-09-2023 Student Loan Impact on Mortgage Industry with Catalina Kaiyoorawongs of LoanSense
Description: The dream of homeownership has long been a cornerstone of the American dream. However, for many millennials and Gen Z’ers, the burden of student loan debt has significantly altered the path towards achieving that dream. The intertwining of student loan debt and the pursuit of homeownership presents a complex challenge for today's aspiring homebuyers. The impact of student loan debt on mortgage applications is a reality that cannot be ignored. As the landscape of student loan debt evolves, it becomes increasingly important for individuals to make informed financial decisions, establish strong credit profiles, and explore strategies to effectively ma...