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Home Buying Myths

Thinking of buying a home? It’s easier, faster, and smarter than you might think. Our mortgage tools and technology give us a huge advantage in today’s home buying market. This includes 15-minute pre-approvals, using assets as income to qualify, close anywhere, anytime with virtual closing, plus you can save hundreds with our escrow and appraisal waivers!

Don’t let these home buying myths keep you from your dream home and take full advantage of our mortgage tools and resources

✔️ Myth 1: I need a 20% down payment. This goes back to the days when lenders had far fewer optionsNow, you can get a mortgage with as little as 3% down and still have a low monthly payment.

✔️ Myth 2: I have to dig up a lot of paperwork. ? A lot goes into qualifying you for a mortgage, but these days much of the verification process — like collecting pay stubs, bank statements, and tax information – can be done automatically by your mortgage broker and lender.

✔️ Myth 3: It will take a lot of time. ? A good mortgage broker can take your application and give you a pre-approval letter in minutes. Or you can even Apply in a Blink.

✔️ Myth 4: My bank is the best place to get a mortgage. ? Banks don’t offer many mortgage choices. An independent mortgage broker will help you find the best options and the lowest rates.

✔️ Myth 5: I need to be “settled down” first. ? Even with a low down payment, monthly mortgage payments are often lower than rent prices – especially with the costs of rising rent in the area. Plus, when you buy a home, you’re paying yourself, not your landlord.

Don’t worry about digging up old pay stubs, bank statements, and tax returns. We automatically verify income, assets, and tax returns for you. Everything is done virtually with our e-sign capabilities and we’ll notify you when your loan is approved! Contact us today to discover what your mortgage options might be.

Certain Restrictions May Apply.
Subject To Borrower Approval Qualifications.

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