{"id":1976,"date":"2017-10-11T10:00:36","date_gmt":"2017-10-11T10:00:36","guid":{"rendered":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/"},"modified":"2017-10-11T10:00:36","modified_gmt":"2017-10-11T10:00:36","slug":"builder-offering-to-pay-off-student-loans-for-buyers","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/","title":{"rendered":"Builder Offering to Pay Off Student Loans for Buyers"},"content":{"rendered":"
\n

\"Builder<\/p>\n

Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment.<\/span><\/p>\n

For those first-time buyers, and even some move-up buyers, who took advantage of the First-Time Homebuyer Tax Credit<\/a> in 2008, there is an interesting program<\/a> being introduced by Lennar Home Builders <\/em>and Eagle Home Mortgage.<\/em><\/p>\n

\n

\u201cBorrowers with Eagle Home Mortgage\u2019s Student Loan Debt Mortgage Program can direct up to 3% of the purchase price (up to $13,000) to pay their student loans when they buy a new home from Lennar, one of the nation\u2019s largest homebuilders. The contribution doesn\u2019t directly increase the purchase price of the home or add to the balance of the loan.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n

The program allows borrowers, whose credit and income requirements qualify, to put down as low as 3% and have a maximum loan amount of $424,100. At the time of closing, Lennar contributes up to 3% to pay down student loans incurred while attending universities, colleges, community colleges, trade schools and other certificate-granting programs.<\/p>\n

Jimmy Timmons, President of Eagle Home Mortgage,<\/em> gave more context<\/a> about the reasons behind the creation of the program,<\/p>\n

\n

\u201cAmericans are more burdened than ever by student loans, with $1.3 trillion in outstanding student loans spread out among 42 million borrowers. <\/em>\u00a0<\/em><\/p>\n

Particularly with millennial buyers, people who want to buy a home of their own are not feeling as though they can move forward. Our program is designed to relieve some of that burden and remove that barrier to owning a home.\u201d<\/em><\/p>\n<\/blockquote>\n

According to the Wall Street Journal, \u201chousing observers said other builders are likely to look to mimic the program, which could help lure more of the critical first-time-buyer segment into home purchases.\u201d<\/em><\/p>\n

Bottom Line<\/strong><\/h3>\n

If you are one of the many millennials who may have delayed purchasing your first home, or feel stuck in a house that no longer fits your needs, there are programs and options available to help you achieve your dream!<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment. For […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[98,99,109,101],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nBuilder Offering to Pay Off Student Loans for Buyers - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Builder Offering to Pay Off Student Loans for Buyers - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment. For […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\" \/>\n<meta property=\"og:site_name\" content=\"The Zakaria Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thezakariagroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-11T10:00:36+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/10\/10120313\/20171011-Share-STM.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\"},\"author\":{\"name\":\"\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\"},\"headline\":\"Builder Offering to Pay Off Student Loans for Buyers\",\"datePublished\":\"2017-10-11T10:00:36+00:00\",\"dateModified\":\"2017-10-11T10:00:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\"},\"wordCount\":365,\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"articleSection\":[\"First Time Home Buyers\",\"For Buyers\",\"Millennials\",\"Move-Up Buyers\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\",\"url\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\",\"name\":\"Builder Offering to Pay Off Student Loans for Buyers - The Zakaria Group\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/#website\"},\"datePublished\":\"2017-10-11T10:00:36+00:00\",\"dateModified\":\"2017-10-11T10:00:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thezakariagroup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Builder Offering to Pay Off Student Loans for Buyers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thezakariagroup.com\/#website\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"name\":\"The Zakaria Group\",\"description\":\"The Zakaria Group\",\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"alternateName\":\"TZG, MLS\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thezakariagroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thezakariagroup.com\/#organization\",\"name\":\"The Zakaria Group\",\"alternateName\":\"TZG\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"contentUrl\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"width\":400,\"height\":173,\"caption\":\"The Zakaria Group\"},\"image\":{\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thezakariagroup\/\",\"https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw\",\"https:\/\/www.instagram.com\/thezakariagroup\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\",\"name\":\"\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\"},\"url\":\"https:\/\/thezakariagroup.com\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Builder Offering to Pay Off Student Loans for Buyers - The Zakaria Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/","og_locale":"en_US","og_type":"article","og_title":"Builder Offering to Pay Off Student Loans for Buyers - The Zakaria Group","og_description":"Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment. For […]","og_url":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/","og_site_name":"The Zakaria Group","article_publisher":"https:\/\/www.facebook.com\/thezakariagroup\/","article_published_time":"2017-10-11T10:00:36+00:00","og_image":[{"url":"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/10\/10120313\/20171011-Share-STM.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/#article","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/"},"author":{"name":"","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d"},"headline":"Builder Offering to Pay Off Student Loans for Buyers","datePublished":"2017-10-11T10:00:36+00:00","dateModified":"2017-10-11T10:00:36+00:00","mainEntityOfPage":{"@id":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/"},"wordCount":365,"publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"articleSection":["First Time Home Buyers","For Buyers","Millennials","Move-Up Buyers"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/","url":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/","name":"Builder Offering to Pay Off Student Loans for Buyers - The Zakaria Group","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/#website"},"datePublished":"2017-10-11T10:00:36+00:00","dateModified":"2017-10-11T10:00:36+00:00","breadcrumb":{"@id":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thezakariagroup.com\/builder-offering-to-pay-off-student-loans-for-buyers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thezakariagroup.com\/"},{"@type":"ListItem","position":2,"name":"Builder Offering to Pay Off Student Loans for Buyers"}]},{"@type":"WebSite","@id":"https:\/\/thezakariagroup.com\/#website","url":"https:\/\/thezakariagroup.com\/","name":"The Zakaria Group","description":"The Zakaria Group","publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"alternateName":"TZG, MLS","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thezakariagroup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/thezakariagroup.com\/#organization","name":"The Zakaria Group","alternateName":"TZG","url":"https:\/\/thezakariagroup.com\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/","url":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","contentUrl":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","width":400,"height":173,"caption":"The Zakaria Group"},"image":{"@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thezakariagroup\/","https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw","https:\/\/www.instagram.com\/thezakariagroup\/"]},{"@type":"Person","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d","name":"","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g"},"url":"https:\/\/thezakariagroup.com\/author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/1976"}],"collection":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/users\/101010"}],"replies":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/comments?post=1976"}],"version-history":[{"count":0,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/1976\/revisions"}],"wp:attachment":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/media?parent=1976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/categories?post=1976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/tags?post=1976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}