5 Common Home-Buying Myths (and the Truth Behind Them)

There’s no shortage of home-buying myths floating around—but believing them can hold you back from your dream home. One of the biggest misconceptions? You need a 20% down payment. In reality, many loan programs allow as little as 3% down—or even zero for qualified buyers. Another myth is that student debt disqualifies you. Lenders look at your overall financial health, not just one factor.

Some buyers also think they should wait for “the perfect market.” The truth is, timing the market is almost
impossible. Instead, focus on your personal readiness and long-term goals. Interest rates fluctuate, but building equity early can benefit you regardless of small rate changes.

Finally, don’t assume you can do it alone. Having a professional agent saves you time, money, and stress. We’ll help you separate myth from fact, connect with reputable lenders, and guide you through the process with transparency from start to finish.