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5 Mortgage Myths Debunked: What You Need to Know

Financial • 0x views • 🕒 August 2, 2023 18:05

Discover the truth behind common mortgage myths and empower yourself with knowledge about the home loan process.

Table of contents
  1. Myth 1: You Need a Perfect Credit Score to Get a Mortgage
  2. Myth 2: You Need a 20% Down Payment
  3. Myth 3: You Should Always Choose a 30-Year Fixed Rate Mortgage
  4. Myth 4: The Interest Rate Is the Only Important Factor
  5. Myth 5: Refinancing Isn't Worth the Effort

Myth 1: You Need a Perfect Credit Score to Get a Mortgage

Myth 2: You Need a 20% Down Payment

Myth 3: You Should Always Choose a 30-Year Fixed Rate Mortgage

Myth 4: The Interest Rate Is the Only Important Factor

Myth 5: Refinancing Isn't Worth the Effort

mortgage myths debunked
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