Tag - downpayment

3 Major Myths about Housing Down Payments

3 Major myths about Housing Down Payments | blog.phmc.com

Are you reluctantly holding onto your current living situation due to lack of funds for a down payment?  What if a lot of your perceptions on how much money you need to purchase a home were a myth. To buy or not to buy will no longer be a question. Below are 3 common myths debunked about down payments:  • Myth #1: All forms of payment are...

QUIZ: What Kind of Home Buyer are you?

QUIZ: What Kind of Home Buyer are you? | blog.phmc.com

Believe it or not, your shopping habits will foreshadow what kind of home buyer you will be. After all, your home is your biggest purchase. Spending money is inevitable, but there are many different personas out there for shoppers: the “I want to buy everything in the store,” “I occasionally treat myself, because I deserve it,” “I...

IHDA: Your Genie in a Bottle

IHDA: Your Genie in a Bottle | blog.phmc.com

A homeowner’s net worth is expected to be 45X GREATER than a renter. Great news for Illinois residents! Just when you thought you’d never get out of your parents’ house, upgrade to a larger space for the kids, move closer to work, or stop paying someone else’s mortgage with your rent money, there’s a reason for...

4 Common Mortgage Misconceptions

4 Common Mortgage Misconceptions

It’s a fact that the mortgage industry is complex and ever-changing, so it’s no surprise that there are many misconceptions. Instead of sifting through a sea of information online to get the answers to all of your common questions, check out this list of 4 common mortgage misconceptions to help ease your mind. Are they fact or fiction? Read on...

// // /* ]]> */