8 Mortgage Myths And Truths · 1. You Need 20% Down To Purchase A Home · 2. Prequalification Is The Same As Preapproval · 3. You Can Never Pay Your Mortgage Off ...

Myth #3: You need excellent credit to be approved for a mortgage. Truth: Your credit score doesn't have to be flawless to find a mortgage that fits your budget.

Myth #12: Paying off a mortgage as quickly as possible is always best. Fact: No one enjoys being in debt. And while a mortgage is one of the top debts someone ...

Myth: A 30-year fixed-rate mortgage is always the best option. Fact: Though popular, this type of mortgage may not be ideal in every situation. For example, if ...

Jun 28, 2023 · 8 Mortgage myths debunked. Truth is power and when it comes to a big decision like buying a home we want to make sure you have all the info.

Mar 14, 2023 · Top 10 Mortgage and Home-Buying Myths & Truths · 1. 20% down payment is necessary · 2. It's cheaper to rent than own · 3. It's cheaper to buy a ...

1.You can't get a mortgage with a bad credit rating. A poor credit score can make it more difficult when you're applying for a mortgage, but it doesn;t make it ...

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Jul 31, 2023 · Myth #5: Adjustable-rate mortgages are always a bad idea​​ Fixed-rate mortgages are popular among homebuyers because they offer stability and ...

Unraveling common mortgage myths! Debunking misconceptions on down payments, credit scores, and more. Find the best mortgage for your dream home.