Many would-be homebuyers are stuck in the feeling that they will never be able to qualify for a mortgage.  However, applying for a mortgage today is very different than it was 10 or 15 years ago.  With many creative financing offers available today, more and more people are able to become homeowners. has put together a list of “myths” about becoming a homeowner, and it shows just how realistic homeownership can be for most people.  Here are just a few of the Many Myths About Homeownership:

Myth: You need great credit to become a homeowner.
Fact: You may still be able to buy a home with less-than-perfect credit. And remember, you can improve your credit over time.

Myth: You need to put 20% down to buy a home.
Fact: There are many types of mortgage products and programs that allow low and no down payments. But remember to factor in other costs such as closing costs, property taxes, moving

Myth: Lenders share your personal financial information with other companies.
Fact: By law, banks and other financial institutions are restricted in their uses and disclosures of information about you. In some situations, you may choose to restrict the disclosure of your information if you don't want it to be shared.

Myth: You can't get a mortgage if you've changed jobs several times in the last few years.
Fact: Not true. You can change jobs several times and still get a loan to buy a home. Lenders understand that people change jobs. The important thing is to show that you've had a stable income.

If you are ready to get on the path to homeownership in Montgomery AL, please call me today at 800-HAT-LADY or visit  You may also begin searching Montgomery AL real estate here!