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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ALICE MEDLOCK
MEDLOCK & WEST REALTY, LLC
906 MAIN STREET
VAN BUREN, AR 72956
479-651-7221
Fax: 479-474-0294
Email: realestatearkansas@NUMBER1EXPERT.com

Alice Medlock has been ranked in the top 2% of agents, worldwide, of the National franchise company she was associated with for seven years. Now the Principal Broker and partner of MEDLOCK & WEST REALTY she offers the same EXCELLENCE and personal service to every buyer and seller. Her company's slogan "WITHOUT YOU, WE WOULDN'T BE HERE" says it all! Her knowledge of the area combined with her dedication to her clients and utilization of every technological tool available to the Real Estate industry, makes buying or selling a home so easy.