What’s Stopping You?
Buying your home is an important step in building a secure financial future. Though mortgage rates are at their lowest levels since the 1950s, potential home buyers still face barriers to homeownership: poor credit, unstable job histories, insufficient funds for a down-payment, just to name a few. However, perhaps the biggest barrier to for potential buyers is the fear that homeownership is out of their reach.
Because of this fear and some common misconceptions, many people don’t make that move. Don’t let these things stop you from the personal and financial rewards of homeownership when you can Get Home Now!
Past discrimination in housing programs and access to credit results today in very uneven rates of homeownership. This contributes even today to a wide and still-growing wealth gap in our country. Minority and low-income families often find it difficult to come up with a sizable down payment for their first home precisely because they and their families lack the adequate wealth or extra cash. Increasing access to special programs that help people achieve homeownership is one crucial part of overcoming wealth inequality. After all, even after the current deflation in home prices from inflated highs, the most valuable asset most Americans will ever own is their home.
Here are multiple barriers that may prevent other families from becoming homeowners but with the help of Get Home Now! doesn’t have to stop you. Have you heard people say the following?: