Pre-Approval Lies EXPOSED: 5 Home Buying Myths That Could Cost You Thousands! Do you think you're ready to buy a house? In this video, we’re exposing the 5 biggest pre-approval myths that could cost you serious money when buying a home in the United States. Whether you're a first-time home buyer or just brushing up on mortgage basics, you'll learn what lenders won’t always tell you about credit scores, down payments, mortgage rates, and pre-approval pitfalls. Don't fall for these common home-buying myths — let’s debunk them together.
What You’ll Learn in This Video:
1. Why the 20% down payment rule is outdated for most buyers
2. How adjustable-rate mortgages (ARMs) can actually be smart in 2025
3. The truth about credit score myths when getting pre-approved
4. Why chasing the lowest interest rate could backfire
5. The real meaning of a mortgage pre-approval (and its limitations)
6. Advice from a licensed lender to help you buy smart, not stressed
CHAPTERS:
00:00 – Intro: 5 Costly Pre-Approval Myths Explained
00:24 – Myth #1: You Need 20% Down to Buy a Home
01:10 – Myth #2: Adjustable Rate Mortgages Are Always Risky
01:53 – Myth #3: You Need Perfect Credit to Get Approved
02:47 – Myth #4: Always Choose the Lowest Interest Rate
03:55 – Myth #5: Pre-Approval Guarantees Loan Approval
05:01 – Final Thoughts: Smart Mortgage Strategy for 2025
For more detailed information on home buying in 2026, check out the link to my blog: https://mortgage-maestro.com/real-estate/denver-home-buying-spring-2026-guide/
Ready to learn more effective home-buying tips? Visit us at https://mortgage-maestro.com/
Book a free session: calendly.com/mortgagemaestro
Questions or comments? Drop them below — we respond to everyone!
Like & Subscribe for more real estate tips that build long-term wealth.
⬇️⬇️⬇️⬇️⬇️⬇️⬇️
📌 *Are you looking to buy a home in Colorado, California, Texas, Wyoming, or Florida? Contact us to get started: https://mortgage-maestro.com/contact/
⬆️⬆️⬆️⬆️⬆️⬆️⬇️
👇Subscribe to my channel for more videos like this👇
https://www.youtube.com/@mortgagemaestro
⬇️⬇️⬇️⬇️⬇️⬇️⬇️
We're a veteran-owned, top-rated independent mortgage broker servicing Colorado, California, Wyoming, Texas, and Florida. Our mission is to empower you to build wealth through real estate, with a focus on expert advice and education on mortgages.
Whether you're a first-time home buyer interested in house hacking or real estate investing, our storytelling approach will guide you through every step of the process.
We upload videos regularly. SUBSCRIBE to get regular updates on mortgage rates, market trends, and invaluable insights to help you make informed decisions about your most significant asset.
⬆️⬆️⬆️⬆️⬆️⬆️⬇️
RAY WILLIAMS
Mortgage Maestro Group (NMLS #1838215)
🏢 387 N, Corona St #646, Denver, CO 80218
📞 (303) 779-0591
📧 [email protected]
#HomeBuyingTips #MortgageMyths #PreApprovalExplained #RealEstate2025
#HomeLoanAdvice #FirstTimeHomeBuyer #CreditScoreTips #AdjustableRateMortgage
#MortgagePreApproval #HomeBuyingMistakes
