Military.com

Homeownership Myth No.3

What's keeping you from enjoying the benefits of homeownership?

Don't let a homebuying myth cause you to put your future on hold. Read on to see how breaking down perceived barriers, understanding the truth, and working with Military Mortgage Express -- offered exclusively through Wells Fargo Home Mortgage -- can help you make the investment of a lifetime.  Myth: "I won't be able to make the monthly payments."

The Truth: One of the goals of Military Mortgage Express is to provide financing that can help members of the military manage the cost of homeownership. Your dedicated Military Mortgage Express home mortgage consultant can give you an idea of the monthly mortgage payment you can be approved for, but you decide the amount that works for you. You may have to stretch a bit to become a homeowner, but you should be the one to decide how much.

Begin with the basics to achieve your goals: Shop for a mortgage that best serves your specific needs. Some buyers are so concerned with interest rates, they overlook the details of their home financing. Weigh the benefits of fixed vs. adjustable rates against the price of the home you want to buy and the length of time you expect to stay in it. And consider the term: 30 or 40 years means a lower monthly payment, but 15 years requires you to pay less interest over the life of your loan.

Count on Military Mortgage Express experts to help you choose a home loan -- and monthly payment -- that's right for you.

Information is accurate as of date of printing and is subject to change without notice. Credit subject to approval.  Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. ? 2006 Wells Fargo Bank, N.A. All rights reserved. #40114  8/06-11/06Equal Housing Lender.