Homeownership Myths

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Kay Daboiku

Kay Daboiku, Here to Help!

I’ve helped numerous Louisville-area residents take their next step toward homeownership, and I see the same myths hold folks back again and again. Let’s break down the common misconceptions and talk about what’s actually possible.

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5 Myths Keeping You from Your Next Home

1. You Need a 20% Down Payment
Many buyers purchase homes with far less, sometimes as low as 3% or even 0% down with certain programs. What matters most is finding a loan option that fits your budget and financial goals.

2. You Must Have a Perfect Credit Score
A perfect score isn’t required to qualify. Lenders approve buyers with a wide range of credit scores, and many programs are designed specifically to help those still building or improving credit.

3. Student Loans Disqualify Me
Having student debt doesn’t automatically prevent you from buying a home. Lenders look at your total financial picture, and flexible repayment plans can help you meet debt to income requirements.

4. Starting the Process is Complicated
Kay and our team are here to help guide you every step of the way. With today’s tools and resources, getting started is easier than ever. A simple conversation with us can break everything down and give you a clear, confident starting point.

5. You Must Be a First-Time Homebuyer to Qualify for Assistance
Whether it’s your first home or your fifth, you may still qualify for help. Many assistance programs look at things like income, location, and overall need, not just whether it’s your first time buying.

Renters or First Time Homebuyers

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Current Homeowners

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Thinking About Buying a Home in Louisville?

Kay Daboiku, Here to Help!

5 Myths Keeping You from Your Next Home

1. You Need a 20% Down Payment
Many buyers purchase homes with far less, sometimes as low as 3% or even 0% down with certain programs. What matters most is finding a loan option that fits your budget and financial goals.

2. You Must Have a Perfect Credit Score
A perfect score isn’t required to qualify. Lenders approve buyers with a wide range of credit scores, and many programs are designed specifically to help those still building or improving credit.

3. Student Loans Disqualify Me
Having student debt doesn’t automatically prevent you from buying a home. Lenders look at your total financial picture, and flexible repayment plans can help you meet debt to income requirements.

4. Starting the Process is Complicated
Kay and our team are here to help guide you every step of the way. With today’s tools and resources, getting started is easier than ever. A simple conversation with us can break everything down and give you a clear, confident starting point.

5. You Must Be a First-Time Homebuyer to Qualify for Assistance
Whether it’s your first home or your fifth, you may still qualify for help. Many assistance programs look at things like income, location, and overall need, not just whether it’s your first time buying.

Choose Your Homeownership Path

Renters or First Time Homebuyers

Current Homeowners

Tell Us Where You Are in Your Journey, and We'll Take it From There!

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Thinking About Buying a Home in Louisville?

Kay Daboiku, Here to Help!

5 Myths Keeping You from Your Next Home

1. You Need a 20% Down PaymentMany buyers purchase homes with far less, sometimes as low as 3% or even 0% down with certain programs. What matters most is finding a loan option that fits your budget and financial goals.

2. You Must Have a Perfect Credit ScoreA perfect score isn’t required to qualify. Lenders approve buyers with a wide range of credit scores, and many programs are designed specifically to help those still building or improving credit.

3. Student Loans Disqualify MeHaving student debt doesn’t automatically prevent you from buying a home. Lenders look at your total financial picture, and flexible repayment plans can help you meet debt to income requirements.

4. Starting the Process is ComplicatedKay and our team are here to help guide you every step of the way. With today’s tools and resources, getting started is easier than ever. A simple conversation with us can break everything down and give you a clear, confident starting point.

5. You Must Be a First-Time Homebuyer to Qualify for AssistanceWhether it’s your first home or your fifth, you may still qualify for help. Many assistance programs look at things like income, location, and overall need, not just whether it’s your first time buying.

Choose Your Homeownership Path

Renters or First Time Homebuyers

Current Homeowners

Tell Us Where You Are in Your Journey, and We'll Take it From There!

1. You Need a 20% Down Payment
Many buyers purchase homes with far less, sometimes as low as 3% or even 0% down with certain programs. What matters most is finding a loan option that fits your budget and financial goals.

2. You Must Have a Perfect Credit Score
A perfect score isn’t required to qualify. Lenders approve buyers with a wide range of credit scores, and many programs are designed specifically to help those still building or improving credit.

3. Student Loans Disqualify Me
Having student debt doesn’t automatically prevent you from buying a home. Lenders look at your total financial picture, and flexible repayment plans can help you meet debt to income requirements.

4. Starting the Process is Complicated
Kay and our team are here to help guide you every step of the way. With today’s tools and resources, getting started is easier than ever. A simple conversation with us can break everything down and give you a clear, confident starting point.

5. You Must Be a First-Time Homebuyer to Qualify for Assistance
Whether it’s your first home or your fifth, you may still qualify for help. Many assistance programs look at things like income, location, and overall need, not just whether it’s your first time buying.