
Episode #18
Do You Really Need 20% Down to Buy a Home? | Kegan Brown
Buying a home can feel out of reach. You may think you need 20% down, perfect credit, or a huge amount of money sitting in the bank. But according to local mortgage lender Kegan Brown, there may be more options than you realize. In this episode of Around Quincy, hosts Tim Holloway and Jackie Weisenburger sit down with Kegan Brown of Flat Branch Home Loans to talk about what today's home-buying process really looks like, the programs available to first-time buyers, down payment assistance, credit improvement, self-employed borrowers, and the upcoming changes to the appraisal process. Kegan also shares his personal story, from growing up across the river in Canton, Missouri, to building his career in the mortgage industry and bringing Flat Branch Home Loans back to the Tri-State area. The conversation gets especially interesting when they discuss what happens when someone isn't ready to buy today. Instead of simply hearing “no,” Kegan explains how buyers can create a roadmap to get there. In This Episode: → Why you may not need 20% down to buy a home → Common misconceptions about credit scores and home buying → First-time homebuyer programs and down payment assistance → How credit improvement can change your buying options → Mortgage options for self-employed business owners → What bankruptcy can mean for future homeownership → Why waiting for lower interest rates isn't always that simple → Upcoming changes to the home appraisal process → What buyers and sellers should know about the new appraisal requirements → Kegan's journey from Canton, Missouri to the mortgage industry → Bringing Flat Branch Home Loans to the Tri-State area → Why every buyer's situation needs to be looked at individually The biggest takeaway? If buying a home isn't possible for you today, that doesn't necessarily mean it never will be. Sometimes the first step is simply understanding where you are, what options are available, and what needs to happen to get you there. Around Quincy is all about the people, businesses, organizations, and stories that make our community what it is. We believe in real people, real conversations, and telling the stories happening right here around us. Learn More About Kegan Brown To learn more about Kegan Brown and Flat Branch Home Loans, use the links below: Call: 573-795-3608 Website: http://flatbranchhomeloans.com This episode is for informational purposes only. Mortgage programs, qualifications, rates, terms, and availability vary based on individual circumstances and may change over time. Speak directly with a qualified mortgage professional for information specific to your situation. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.



