Reply To: What mortgage myths do people still believe in 2025?

A lot of first-time buyers are surprised by how many mortgage myths are still circulating. While a strong credit score and a healthy down payment can improve your options, they’re not always strict requirements. Many lenders offer programs with flexible eligibility, and what really matters is your overall financial profile—including income, debt-to-income ratio, employment history, and repayment ability.

One of the biggest misconceptions is that you need to wait until everything is “perfect” before applying. In reality, getting pre-approved early can help you understand where you stand and what improvements, if any, are worth making before you buy.