Debunking mortgage myths: Part 1

Debunking mortgage myths: Part 1

If you get too far into the weeds as you search for a great mortgage, you might just feel ready to stick your head in the sand. But getting a home loan is actually much easier than most of us expect.

One of the most pervasive myths surrounding mortgages relates to the down payment. While most buyers assume they must pay at least 20 percent of the home’s price up front, down payments can be as little as 3% with some programs.

If saving up for a large down payment is holding you back from homeownership, you might not need to wait any longer.

Talk to the experts at First Centennial Mortgage for a closer look at your options.

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