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2 Myths Holding Back Home Buyers.. Myth #2: "I Need a 780 FICO Score or Higher to Buy". Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

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If you want to buy a home, but don’t think you’ll be able to, you may find that some of the excuses holding you back are just that. credit alone is not a major obstacle. Myth 3: Student loan debt.

New low puts borrowers on a $21,000 high – finder.com.au The new ability-to-repay rule means it will be nearly impossible for a borrower to get a mortgage without documenting income. Not that it was easy to get a low-documentation loan since 2008.

You don't need a 20% down payment to purchase a home.. Current mortgage rates are holding firm at historically low levels.. Remember: The “20% down” myth is unique to conventional loans. The District Of Columbia January 2, 2017 – 4 min read 8 Ways To Get A Mortgage Approved (And Not Mess.

According to the company’s analysis, the market potential for existing-home sales fell by 1.2% from 2018, equating a loss of.

Myth #2: Buying is always better than renting Now that the housing recovery has taken hold, some markets have become way too expensive for homebuyers. One quick way to figure out whether to buy or not.

Comparing Wells Fargo & Co (WFC) & Green Bancorp (GNBC) Financial institutions and financial stocks haven’t been getting much press, other than the recent bad press from Wells Fargo & Co (NYSE:WFC). But there is. for the rest of the year. green bancorp.

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2 Myths Holding Back Home Buyers. By Susan Rupert.. Myth #2: "I Need a 780 FICO Score or Higher to Buy". Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

These 10 mortgage myths are probably holding you back. Finding out the truths behind these mortgage myths could make life a lot easier for a first-time buyer.. 2. Myth: You don't have the $$$ for a home. mortgage down.

Myth #2: It's fine to go ahead and list your house as is, without making any. your home for a while, odds are you're overlooking flaws that prospective buyers will. Instead of holding an open house, spend your time reading up on 101 things.

But buying a home for the first time can be a confusing process. This is especially true if you believe certain myths about searching for and making. (See also: 5 Things Your Real Estate Agent.