Mortgage Matters Accessible Homeownership and Common Myths
Roland and Heidi discuss the importance of homeownership during National Homeownership Month. They highlight programs like the Nevada Housing Division's "Home is Possible" initiative, which offers down payment assistance up to $165,000 annual income and can be used by veterans. They debunk myths about homeownership, emphasizing that age is not a barrier, with the average first-time homebuyer age being 38. They also address the misconception that 20% down payment is required, noting that programs can cover up to 5%. The conversation underscores the benefits of homeownership over renting, including equity and stability.
