Thinking of buying a home but worried about the down payment?

Thinking of buying a home but worried about the down payment? We're here to debunk some common myths that might be holding you back from homeownership!

Myth #1: You can't use gifts, grants, or loans for your down payment.

** Reality: Many programs allow you to use gifts from family, grants, or even loans for your down payment.

Myth #2: You need a 10-20% down payment.

** Reality: Many programs now allow for much lower down payments, making it more accessible to buy a home sooner than you think.

Myth #3: It's difficult to qualify for down payment assistance.

** Reality: There are various assistance programs and grants available. Eligibility depends on factors like income, location, and the type of mortgage you choose.

Myth #4: Low down payment programs are only for first-time buyers.

** Reality: These programs are available to a wide range of homebuyers, not just first-timers. You might qualify even if you've owned a home before!

Ready to explore your options? Contact Bob Flynn today to learn how to best prepare for your down payment and discover what programs you might qualify for. Don't let misconceptions keep you from achieving your homeownership dreams!