A Home Of Your Own:
Do you dream of owning your own home, but wonder if
it will ever be possible? Do you worry about your credit,
or doubt that you could ever save enough money for a
down payment? Maybe you're afraid that owning a
home might be risky, or that the bank will share your
financial information.
Millions of people who learn the facts about homeownership find that buying a home is easier than they ever thought. With the right information, you can do it, too.
Get The Facts:
Come to our FREE "Get The Facts!" workshop to learn what it really takes to become a homeowner. This workshop is led by one of our experienced housing counselors in an interactive format, so you'll have plenty of time to ask all of your questions.
There will be no confusing jargon, no fine print, and no sales pitch — just the information you need to better understand your path to home ownership. We'll give you the facts. Plus, we'll dispel the common myths about home ownership that could be unnecessarily keeping you from the home of your dreams. To find out more, contact us today!
| Myths | Facts |
|---|---|
| I need perfect credit to buy a home. | Today, there are more mortgage financing options for families with varing credit circumstances. People with imperfect or nontraditional credit can still get mortgages. |
| I need a lot of money for a down payment — I've heard 20%. | While this was the case years ago, mortgage programs requiring 3% or less are very common today. |
| Owning a home is risky. I could lose my life savings. | Homes generally increase in value and actually become a great source of wealth for families. |
| I have to work at the same job for at least three years. | Having a steady income is more important than how long you have been on the job. |
| I have to be a U.S. citizen or have a green card to buy a home. | You must be a legal resident, but you don't have to be a U.S. citizen to buy a home. |
| The banks will share my personal information with each other and with the government. | The law requires banks and other financial institutions to protect a customer's personal information. |
| I must have a checking or savings account to buy a new home. | Having a checking account is not a requirement of buying a home, but there are many advantages to having them. |
