When shopping for mortgages, it is beneficial to determine whether it will contribute to your financial needs. As purchasing a property is an expensive affair, you will want a mortgage that is realigned to your financial goals. However, several false facts about mortgages from those who have already been in your shoes often get passed along. Believing in these circulating myths could lead to you missing out on some of the best mortgage products and lenders in the market. Therefore, it’s best to consult a reliable mortgage agent who can clarify specifically on every mortgage misconception and help you move forward in buying your home. To help you separate facts from fiction, Kraft Mortgages has dispelled three of the most widely believed myths about mortgages.