06/14/2026
๐ก 3 Myths That Stop People From Buying Their First Home
I hear these all the time, and they keep many future homeowners on the sidelines longer than necessary.
โ Myth #1: You Need 20% Down Many loan programs allow qualified buyers to purchase with much less down. In some cases, there may even be down payment assistance programs available.
โ Myth #2: Your Credit Has To Be Perfect You don't need an 800 credit score to buy a home. Different loan programs have different requirements, and many buyers qualify sooner than they think.
โ Myth #3: It's Cheaper To Keep Renting Rent payments build your landlord's equity. A mortgage payment may help you build your own equity while creating long-term wealth through homeownership.
The biggest mistake I see isn't having questionsโit's assuming the answer is "no" without exploring your options.
If you've been wondering whether homeownership might be possible for you, send me a message. I'd be happy to point you in the right direction.
Chance Elkins Realtor
931-624-3118
Veterans Realty Services
3021 Fort campbell blvd
Clarksville tn 37042
931-492-9600
Www.fortcambellhomes.com