Think You Can’t Buy a Home? Think Again.
- Liana Pomeroy
- Jul 21
- 2 min read
“I can’t buy right now.”
If that’s what you’ve been thinking—or what a lender once told you—it’s time to look at the bigger picture.
Because here’s the truth:
You can buy a home. You just might need a better strategy—and a lender who knows where to look.
You don’t need:
20% down
Perfect credit
A traditional 9-to-5
A flawless financial resume
You need the right structure—one that works with your current life, not someone else’s checklist.
Myth: You Need 20% Down
Reality:
FHA loans let you buy with just 3.5% down and a credit score as low as 580
VA loans offer $0 down for eligible veterans and active-duty military
Some first-time buyer loans require as little as $1,000 out of pocket
Down payment assistance and grants exist in every state—many don’t need to be repaid until you refinance or sell
Yes, even if you only have $1,000 saved, there may be a path forward.
Myth: You Can’t Buy If You’re Self-Employed or Have Non-Traditional Income
Reality:
Bank Statement Loans use 12–24 months of business or personal deposits instead of tax returns
Asset-Based Loans turn liquid investments (stocks, bonds, retirement funds) into usable income for qualifying
DSCR Loans qualify you based on the projected rental income of the property—not your income
These options are perfect for entrepreneurs, gig workers, consultants, and investors—especially those who’ve been told “not yet.”
Myth: Past Credit Issues Mean You Can’t Qualify
Reality:
FHA allows you to buy as soon as 24 months + 1 day after a bankruptcy discharge
Lower credit score? Pair FHA loans with local or state down payment assistance programs
Co-signing and co-buying with friends or family can help strengthen your application and increase affordability
Most people don’t realize just how many options exist until we sit down and walk through the numbers.
Want to Lower the Mortgage? Build Income Into Your Strategy
Let’s talk house hacking:
Convert a garage or basement into a rental unit (ADU)
Rent out a spare room to a friend or travel nurse
Buy a duplex, live in one side, and rent the other
Co-buy with a friend, split costs and equity
Rental income can count toward your loan approval—and help you offset your monthly payment.
The Problem Isn’t You—It’s the Plan
If you’ve been told “no,” it might be because you were only shown one path—and it didn’t fit your real financial picture.
That doesn’t mean buying is impossible. It means you need someone who knows how to structure creative financing and guide you through the options that do work for you.
Let’s Build a Plan That Actually Works
You don’t have to figure this out alone.
You just need a starting point—and a strategy that aligns with your goals.
📩 Email: liana@pomeroylending.com
📱 Call or Text: (303) 601-5197
🔗 Apply Online: pomeroylending.com
Let’s stop guessing and start planning.
Because homeownership isn’t a someday thing—it could be your next step.
—
Liana Pomeroy
Senior Mortgage Loan Advisor
Equal Housing Lender | Licensed in CO, FL, CA, TN & TX
All loans subject to approval. Conditions apply.