Myths About Home Buying

So what's your reason for not buying a new home today?

Myth: “I’m waiting for interest rates to drop further.”

Don’t wait for interest rates to drop!
The last time mortgage interest rates for new homes were below 5% was the 1950s, so waiting for them to drop even more is a gamble.
» Watch the Video

Myth: “I may not qualify for financing.”

Don’t be afraid to apply for a new home mortgage.
The media has made people afraid to apply for a new home mortgage. Let us put you in touch with a lending officer who can give you a confidential review of your financial situation.
» Watch the Video

Myth: “I can’t make the down payment.”

Select banks are still offering 100% financing!
There’s good news! Select banks are still offering 100% financing — any of our on-site community sales agents can direct you where to apply.
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Myth: “I have not found the right home.”

We can help you personalize your new home!
Our neighborhoods always have a selection of new homes under construction and some are even move-in ready.
» Watch the Video

Myth: “I can’t afford the payment.”

Lower rates mean lower monthly payments.
With interest rates at historic lows, buying a home has never made more sense.
» Learn More

Myth: “I can purchase a foreclosure for less.”

Beware of purchasing a foreclosure.
While a foreclosed property or short-sale seems attractive, these used homes are sold as-is with no inspection.
» Watch the Video

New Homes for Sale

Address & Phone

The Mungo Companies

441 Western Lane
Irmo, South Carolina 29063

Phone — (803) 749-9000

mungo@mungo.com

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The Mungo Companies
1st American Builders | New town homes and single-family homes in the Raleigh NC area
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