How does school loans affect purchasing a home.I was in the process of buying a home and the lenders took four months to deny my loan because the payment on the loans and the first house payment would be one year apart form each other. Two months prior it was my debt-to-income ratio was to high, after that it was I had to pay off a vehicle first. Is it possible to buy any home when your school loans come out of deferment in one year? If they did not squander away so much time I would have time to close and more than one year to be in school deferment.August 09 2014 - Woodhaven00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.