
Lenders can serve a vital advisory role to millennials by dispelling myths about the home buying and mortgage processes and educating them about options to manage upfront and ongoing costs.
Here's a look at the five essential lessons lenders can teach millennials to get them ready for homeownership.

No. 1: Debunk down payment myths

No. 2: Covering closing costs

No. 3: Dispel student loan stigmas

No. 4: Explain loan product options
