"Have you ever walked into an open house, or called a real estate agent about a listing, and within minutes, they’re asking you if you are “pre-approved” for a mortgage?
Many homebuyers mistakenly think they must have a 20% down payment ready before they can consider buying a home. However, there are many ways to secure a home without putting up a hefty down payment. Some down payment myths that homebuyers mistakenly believe include the following: