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Real Estate Tips
Financing Your Home >Mortgage Myths

Nationwide surveys indicate that a large number of potential home buyers count themselves out of the market because of widely-held myths about home financing. Some of the most prevalent myths include: 1) home buyers need large down payments (more than is actually the case); 2) the loan process works against people under age 35; 3) owning a home is more expensive than renting; and 4) minorities have no chance of getting a mortgage.

The surveys found that many people view the mortgage process as "difficult, stressful, and incomprehensible." Many qualified first-time buyers are unaware of special programs designed to make home ownership affordable to them. The home loan industry is always looking for new ways to dispel these myths because lenders want more business, not less. The alternatives to traditional 20% down, thirty-year fixed mortgages are astonishing. Mortgage brokers are experienced in explaining today's financing and debunking the myths.

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The Grime Team, REALTOR®, real estate agent and broker for Orangeville Real Estate, Dufferin Real Estate and Caledon Real Estate, Ontario home listings, property and land for sale - NUMBER1EXPERT

Margorie Grime, Broker.
Royal LePage RCR Realty, Brokerage

Independently Owned and Operated
75 First Street, Suite 14
Orangeville, ON L9W 2E6
Phone: 519-941-5151
Toronto Line: 905-450-3355
Toll Free: 1-800-268-2455
Fax: 519-941-5432
mgrime@thegrimeteam.com

Margorie has devoted her career to real estate sales since 1975. Margorie Grime is a leading REALTOR in the area, selling a home every 3.6 days. Her activities have consistently earned her top awards. With the changing real estate market and economy, Margorie has formed this diverse team-qualified to cover all the complex details of real estate transactions, allowing Margorie to do what she does best-working with people interested in buying and selling property. Margorie is committed to providing the very best service available.

Equal Housing MLS REALTOR


Royal LePage RCR Realty real estate and homes for sale in Orangeville, Hockley Valley and Caledon Ontario

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