Six Mortgage Myths

10/09/17 • 21 min

Think you can't get a mortgage? Blow up the top six mortgage myths (from not having enough of a down payment to why your credit score is probably just fine the way it is) and learn why virtually everyone can get a mortgage to start building wealth right now.

Next Episode

What's In YOUR Payment?

We’ve all heard the word “mortgage,” but what’s really included in all of that? Why do homeowners find themselves surprised when their monthly bill ends up being way more than they bargained for?

In Episode #2 of the Mortgage Secrets podcast, John Downs of Downs Capital breaks it all down for you, sharing nuggets from his 17 years of experience in the mortgage industry to keep you awake and aware throughout your home buying process. Before you find yourself completely blindsided with an inflated bill, find out everything that goes into your monthly house payment.

John explains in this episode what the heck amortization is, who might not want an escrow account, why online mortgage calculators are usually misleading, and other factors that might cause your monthly house payment to fluctuate. Be aware, know what your fees look like, and you’ll never be surprised!