You Don’t Need Perfect Credit or 20% Down: Mortgage Approval Myths Busted

In Episode 3 of Coffee Break Real Estate, Danny Benjamin and Adam Youhanna break down the biggest myths that keep buyers stuck on the sidelines.

We cover:

• “I need a perfect credit score” and what the real minimums look like
• Credit Karma versus lender credit pulls and why FICO matters
• Simple ways to boost your score faster, including credit utilization
• “I need 20% down” and what down payment options actually look like
• PMI explained and how down payment changes the monthly payment
• Why waiting for rates to drop can cost you more through appreciation and competition
• Why talking to a lender usually will not destroy your credit
• When a second opinion can save a deal that another lender could not close

If you are thinking about buying, the goal is simple: stop guessing and get clarity. Reach out for our home buying game plan and we will help you build a strategy that fits your situation.

Subscribe, leave a review, and share this with a friend who thinks they cannot get approved.

Intro and outro music provided by Mahami Music ‪https://www.youtube.com/@mahamimusic

Connect with the hosts:

Danny Benjamin
@dsbexplores
www.YourAgentDanny.com

Adam Youhanna
@adamyouhanna
www.MortgageAdvisorAdam.com

Coffee Break Real Estate
Hosted by Danny Benjamin, real estate agent and expert, and Adam Youhanna, mortgage advisor

Focused on all things real estate.

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Questions or topic requests welcome.