If you’ve already gotten pre-approved – kudos to you for getting it done! Many first-time buyers are misinformed about the requirements to purchase a home.

Myth #1: “I Need a 20% Down Payment”

Many believe that they need at least 20% down to buy their dream home, but programs are available that allow buyers to put down as little as 3%.

Myth #2: “I need a 780 FICO® Score or Higher to Buy”

53.5% of approved mortgages had a credit score of 600-749.

Minimum Credit Score Needed for Mortgage Loans
I can connect you with Lenders that can work with you to evaluate your readiness to begin the pre-approval process.