What Are the Most Common Barriers to Homeownership?

Daniele S. Gordon | June 8, 2022

Today, I’m breaking down the barriers to homeownership once and for all!

1. Not being able to qualify for a mortgage

Solution: Figure out why and fix it. More often than not, it’s a bad credit score that drags us back to square 1. So start rebuilding, baby!

2. You can’t afford the downpayment

Solution: The usual rule of thumb is putting 20% down but some lenders allow you to put as little as 3% down depending on your credit and type of home. If that’s not an option, look to see if you can qualify for any down payment grants or interest-free loans.

3. Home values are through the roof

Solution: Buying a home is about stability, so it shouldn’t be treated as an investment in the stock market. Don’t risk buying an overpriced property you can’t truly afford.


My focus has been to assist my clients in making the best decision in one of the most important financial and emotional investments in their lives.

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