The FIVE MYTHS that create barriers to purchasing a home...

A good lenders goal is to help you succeed financially, so they carefully review your loan options with you and help you choose the loan that's right for you. With a loan that fits your budget and your financial goals, your home will be a powerful tool in building a secure future for you and your family Buying a home is an important step in building a secure financial future. But because of some common misconceptions, many people believe homeownership is out of their reach. Don't let these myths keep you from the personal and financial rewards of homeownership.

Myth #1

"I don't have enough money for a down payment.

In the past, buying a home required a 20% down payment. But not today. In fact, 7 out of 10 first-time homebuyers make a down payment of 10% or less. Lenders have loan programs that can help you buy a home without a lot of cash, or any at all.

Learn more about our low-down payment programs

Myth #2

"I have less-than-perfect credit, so I can't get a mortgage."

A less-than-perfect credit history doesn't have to stand in your way of reaching your homeownership goals. Lenders have helped thousands of individuals move beyond credit challenges into homes of their own.

Myth #3

"It's less expensive to rent, and now may not be the right time to buy."

In fact, you may be surprised how much home you can buy for the same rent check you're sending innow, especially when you consider the tax advantages of homeownership*. And unlike rental costs, your monthly principal and interest payments will stay the same for the life of a fixed-rate mortgage. Because home prices historically increase (and only occasionally decline), buying as soon as you're able can be a more effective strategy than trying to time the real estate market. Moreover, as a homeowner, you'll be building wealth as your home equity grows.

Myth #4

"The whole mortgage process is too long and complicated."

We want to make buying your first home as easy as possible. Your Home Mortgage consultant will help you through each step of the financing process.


Myth #5

"I won't be able to fit a mortgage in my budget."

Our goal is to help you succeed financially, so we'll carefully review your loan options with you and help you choose the loan that's right for you. With a loan that fits your budget and your financial goals, your home will be a powerful tool in building a secure future for you and your family.