home vs student loan?
For certain reasons I will soon be applying for a morgage and a school loan within the same month. The school loan will be around 20 thousand the morgage will actually be around 35 thousand because it is a small investment (temporary home). Should I apply for the morgage first? If I apply for a student loan will it effect my chances to get approved for a morgage? or vise versa? Unfortunately I really need both at the time. Also my father is willing to cosign for the student loan and I have a fairly good credit above 700 (if this helps)
I plan to live at this home for about 5-6 years
I have calcualated the payments and having a home would have lower payments than an apartment would and would leave us with a rental after those 5-6 years