Misconceptions About Buying a House

Misconceptions About Buying a House

The Lending Village, LLC
The Lending Village, LLC
Published on May 17, 2023

Misconceptions About Buying a House

1. You don't NEED 20% down to purchase a home (in most cases).

2. A PreQualification is not the same as a PreApproval.

3. You CAN pay your mortgage off early.

4. Your down payment and closing costs are not the same.

5. You DO NOT need to have PERFECT credit to purchase a home.

6. Applying for a home loan will hurt your credit.

7. Having student loans is not always a deal breaker.

The Lending Village, LLC
The Lending Village, LLC Texas
Click to Call or Text:
(844) 405-2400

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