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Hint: Go to a different bank or Credit Union!

I'm pretty sure that's not what they said. I think you need to go back and ask for an explanation.

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Hint: Go to a different bank or Credit Union!

I'm pretty sure that's not what they said. I think you need to go back and ask for an explanation.

I’m guessing they were explaining a very specific type of home lone to you. Perhaps a first time homebuyer loan or a similar loan with special rules. A traditional 30 year mortgage won’t have a maximum limit to it.

That means you were trying to apply for an assisted loan for lower income households. I’m guessing you’re trying to finance a bigger loan than you qualify for without assistance. So either save up to make a bigger down payment or find a cheaper home.