Tag Archives: Mortgage myths


Mortgage Myths That May Hold Back Buyers

Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. The 2 Mortgage Myths that may be holding back buyers are: Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate […]