Myth Versus Fact

True or false?

• “I need 20 % down to get a mortgage to buy a home.”
• “You can’t buy a home unless you’re a U.S. citizen.”
• “I can’t buy a home without credit cards or a bank account.”

False!

How often have you thought the same thing?

The truth is, it used to be that way many years ago. But today, owning your own home may be easier than you think.

Let’s look at some of the most common myths … and the true facts.

Choose a category to the left to separate the myths from facts.

Made possible by Freddie Mac, an Equal Housing Lender.

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