Financing Your Home >Mortgage Myths
Nationwide surveys indicate that a large number of potential home buyers count themselves out of the market because of widely-held myths about home financing. Some of the most prevalent myths include: 1) home buyers need large down payments (more than is actually the case); 2) the loan process works against people under age 35; 3) owning a home is more expensive than renting; and 4) minorities have no chance of getting a mortgage. The surveys found that many people view the mortgage process as "difficult, stressful, and incomprehensible." Many qualified first-time buyers are unaware of special programs designed to make home ownership affordable to them. The home loan industry is always looking for new ways to dispel these myths because lenders want more business, not less. The alternatives to traditional 20% down, thirty-year fixed mortgages are astonishing. Mortgage brokers are experienced in explaining today's financing and debunking the myths.
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Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
The Scott Hoffman TeamColdwell Banker Howard Perry and Walston9051 Strickland RoadSuite 200Raleigh, NC 27615Phone: 919-877-8921Voice Mail: 919-990-3213Fax: 919-882-9080scott@scotthoffman.comReal Estate Made Easy!
The Scott Hoffman TeamColdwell Banker Howard Perry and Walston9051 Strickland RoadSuite 200Raleigh, NC 27615Phone: 919-877-8921Voice Mail: 919-990-3213Fax: 919-882-9080scott@scotthoffman.com
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