Dispel The Myth

Consider the Facts

Credit: You do not need a perfect credit record. Even with past credit problems, you may still be able to buy a home. And, you can fix your credit record.

Downpayment: You may be able to buy a home with a down payment of 3% or less. Today, the down payment needed to buy a home is much lower than it once was. But, there is more to buying a home than having the down payment. Closing costs, property taxes and moving expenses are part of the cost of buying a home. There are people you can trust who can give you accurate information about what you need.

Mortgage payments: If you do fall behind on your mortage payments, there are ways to help you get back on track so you dont lose your home.

Income and Employment: Having a steady income is more important than how long you have been on the job.

Home Value: Although houses cost money to purchase and to keep up, for most people, homes increase in value and become a source of weatlh.

U.S. Residency: You dont have to be a U.S. citizen to buy a home.

Personal Financial Information: The law requires banks and other financial institutions to protect your personal information.

Bank Accounts: You do not need a bank account to buy a home. Lenders can give you a home loan even if you do not have a bank account or a credit card.