05/16/2026
đĄ 3 Home Buying Myths â BUSTED! đĽ
â Myth #1: You need a 20% down payment to buy a home
â
Fact: Loan options like FHA and VA loans may allow much smaller down payment requirements.
â Myth #2: You need a perfect credit score to get approved for a mortgage
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Fact: Itâs possible to qualify with lower credit scores, although it may affect your interest rate and loan terms.
â Myth #3: Renting is always cheaper than buying
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Fact: It depends on the market and your situation â buying can be more cost-effective in the long term while helping you build equity.
Thinking about buying a home? Donât let common myths stop you! đ â¨
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