A lot of people, especially Utah first time home buyers, think they cannot buy a home. They would all love to own a home, but just think that it is beyond their grasps.
Fact is, a good number of people qualify for a home but never check. Instead, they continue to rent and pay the mortgage for a landlord while thinking home ownership is too good for them.
Now this isn’t just the buyers fault, half of these fears are started at banks or credit unions. Usually, when a renter has decided to try for a home, they go to their local bank or credit union to qualify for a loan. But the most common response they get is that they need to bring $10,000 to $15,000 in to buy a home. For most, this is just not possible and they go…
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