5 Mortgage Myths — DEBUNKED!
MYTH: You must have a 20% down payment to buy a house. TRUTH: Different loans require different down payments—some as low as 0%! MYTH: Pre-qualified means the same thing as pre-approved. TRUTH: A pre-qualification is a quick assessment of how much money you can borrow based on info you provide—no documentation necessary. A pre-approval letter…
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