Myths about mortgages abound. Here is a look at some of the most common myths, along with the facts to dispel these fairy tales.

MYTH: “Down payments have to be in the 20 percent range.”
FACT: You do not have to have 20%!!!  I have loan programs with 0%, 3%, 3.5%, and 5%.

MYTH: “Down payment must come out of my funds (savings).”
FACT: Down payments can be gifts from family and friends or grants

MYTH: “I must have a pristine credit report to secure a mortgage.”
FACT: I can do loans down to a 580!

MYTH: “The loan–origination process is just too complicated.”
FACT: Just call me! I’m here to answer all of your questions and to make the home loan process as smooth as possible.

MYTH: “I have too much student debt to be approved for a loan.“
FACT: Student loan debt can be tricky, but don’t assume you will not qualify for a mortgage.  Let me take a look at it first!

MYTH: “If I get rejected for a loan once, no one will ever give me a loan.“
FACT: Not true at all.  If you have been rejected for a loan, please call me!

Give me a call today!  I would love to help you get into the home of your dreams!