EPISODE · Dec 9, 2025 · 14 MIN
08 - Intro to Mortgages
from Making Sense of your Cents · host First Century Bank
The path to homeownership can feel overwhelming, but it doesn't have to be. In this episode, we break down the crucial first steps of the mortgage process. This episode is a jargon-free introduction to buying a home with confidence, explaining the critical difference between a pre-qualification and a pre-approval, how to understand your total monthly payment (or "DTI"), and the truth about the 20% down payment myth and other options available to first-time homebuyers.Send us Fan MailIs your sensitive financial data sitting in an unsecured mailbox? Switching to e-Statements is one of the easiest ways to protect yourself from identity theft. Moving your records from the street into our high-security digital vault provides faster access, clears the clutter, and keeps your information safe. Subscribe today, wherever you listen to your podcasts (Spotify, Apple Podcast, etc.) and send your questions to [email protected].
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The path to homeownership can feel overwhelming, but it doesn't have to be. In this episode, we break down the crucial first steps of the mortgage process. This episode is a jargon-free introduction to buying a home with confidence, explaining the critical difference between a pre-qualification and a pre-approval, how to understand your total monthly payment (or "DTI"), and the truth about the 20% down payment myth and other options available to first-time homebuyers. Send us Fan Mail Is your...
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08 - Intro to Mortgages
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