Home BUying Mythis
When it comes to purchasing a home, there is no shortage of advice whether it be from family members, friends, colleagues, real estate agents or online sources.
Two of the most common myths out there is that you have to have a perfect credit score and a down-payment of fifteen or twenty percent of the purchase price. Several years back, these myths were actually true, but today, that is no longer the case.
There are many financing programs available with different requirements. It's always best to personally Consult with a mortgage broker/ lender to see what lending program you may qualify for.
Depending on what type of real estate you are interested in, there are different lending requirements. For example, purchasing a…