Ask Dad: Can Millennials and Gen Z ACTUALLY afford a house? | #mortgageexplained

The Financial Dad Podcast

Does thinking about buying your first home fill you with dread? Confused by mortgages, down payments, interest rates, and wondering if it's actually realistic that you'll be able to afford any of it? You’re not alone....and this video is for you.
In this episode of The Financial Dad, we break down how paying for a home actually works and what first-time Gen Z and Millennial buyers need to know before purchasing a home. Whether you're just starting to save or actively house hunting, we explain everything in plain English.
🏡 Here's what we cover:
What a mortgage is (and how it works)
How much house you can really afford
Down payments, PMI, and credit score basics
What lenders look for when approving a loan
Common first-time homebuyer mistakes to avoid
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💬 Drop a comment: What’s your biggest question about buying a home?
👍 Like + share if this helped simplify the mortgage process
📢 Disclaimer:
The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or mortgage advice. Please consult with a licensed professional before making any home-buying decisions.
#TheFinancialDad #FirstTimeHomeBuyer #HowToBuyAHouse #MortgageExplained #GenZFinance #MillennialMoney #BuyingAHome2025 #PersonalFinance #FinancialLiteracy #HomeBuyingTips

The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.
Hosted by:
Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress)

*This is strictly for educational purposes and does not suffice as advice.*

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Website: https://thefinancialdad.com/
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