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Debunking common home-buying misconceptions with Aaron Miller, Your Pittsburgh Mortgage Guy

Mortgage Myths

Debunking common home-buying misconceptions with Aaron Miller, Your Pittsburgh Mortgage Guy

Myth 1 - 20% Down Payment

Why Waiting for Rates to Drop Could Be Costing You Thousands

Aaron Miller
/
Home Buying

If you’ve been sitting on the sidelines waiting for mortgage rates to drop, it might be time to rethink that plan — especially here in Cranberry Township (ZIP 16066).

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Myth 2

Do You Really Need 20% Down to Buy a Home? Think Again.

Aaron Miller
/
Home Buying

If you’ve been holding off on buying a home because you think you need 20% down, you might be missing out on some big opportunities.

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Myth 3 - Student Loans

You Can’t Buy a Home If You Have Student Loans

Aaron Miller
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Mortgage Advice

Student loans can feel like a heavy weight — especially when you’re thinking about buying a home. But here’s the good news: having student loans doesn’t mean you can’t qualify for a mortgage.

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Myth 4 - Renting is Cheaper

It’s Cheaper to Rent Than to Buy

Aaron Miller
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Homeownership

At first glance, renting might seem cheaper — especially when you find a place with a low monthly payment. But here’s the real question: what are you getting for that rent?

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Myth 5 - All Lenders Same Rates

All Lenders Offer the Same Rates

Aaron Miller
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Mortgage Rates

If you think all lenders offer the same rates — you haven’t shopped with The Pittsburgh Mortgage Guy.

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Myth 6 - Bad Credit Home Buying

You Can’t Buy a Home If You Have Bad Credit

Aaron Miller
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Credit & Lending

I hear it all the time — “I’m waiting for my credit to improve before I buy a home.”

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Myth 7 - Preapproval Hurts Credit

Getting Pre-Approved Hurts Your Credit

Aaron Miller
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Mortgage Prep

One of the most common questions I get is, “Do you have to pull my credit? I don’t want it to hurt my score.”

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Myth 8 - Pay Off Debt Before Mortgage

You Should Pay Off All Your Debt Before Applying for a Mortgage

Aaron Miller
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Financial Strategy

This one surprises a lot of people — but the truth is, paying off all your debt before buying a home isn’t always the best move.

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Myth 9 - Self Employed Can't Buy Home

You Can’t Buy a Home If You’re Self-Employed

Aaron Miller
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Self-Employed Buyers

Many self-employed people believe they can’t qualify for a mortgage — but that’s simply not true.

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Buying a home is one of life’s biggest decisions — and we’re here to make it simple. Our mortgage experts guide you through every step, from pre-approval to closing, ensuring you find the perfect property with the best possible rate.

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