The Double Comma Club

The Double Comma Club header image 1

Fact vs. Fiction - Home Loans

April 16, 2021

The facts and fictions of Home Loans

As part of the continuing Fact vs. Fiction series, Nicole talks about the facts and fiction of home loans. Listen to this 7-minute episode, play again until it sticks.

A preview:

Fact 1 - call your lender first
Fiction 1 - assume the best loan for them is with 20% down or minimum down.
Fact 2 - you have the power to affect your monthly payment.
Fiction 2 - renting is not more cost-effective unless you are only looking at the immediate short term. 
You want to pay your OWN mortgage, not your landlord's.
Fiction 3 - getting a home loan isn't possible unless everything is lined up or perfect.