First time home buyer? Confused about all the misinformation?
Here are 4️⃣ home downpayment myths…

💸 Myth ① – You need 20% down.
Reality: Many lenders accept as little as 3-5% down.

💵 2. Myth ② – Downpayment is the only upfront cost.
Reality: Don’t forget closing costs, inspections, and other fees!

🏦 3. Myth ③ – Larger downpayments are always better.
Reality: While it can lower monthly payments, it’s essential to keep some savings for emergencies.

🚨 4. Myth ④ – Only first-time home buyers get help.
Reality: Various programs are available for different buyers. 🏡

There is a lot of misinformation out there!
If you’re interested in buying a home, 💬 comment “GUIDE” and I’ll send you my free home buyers guide 👇

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