The primary difficulty with purchasing a home is getting the financing.

I believe it would be fair to say that the majority of the population of the United States don’t know if they can purchase a home because they do not have the upfront funds or income to qualify for the loan to purchase the property. So how do the lenders (Banks, Mortgage Lenders, Mortgage Brokers etc) get paid their fees and/or commissions?

Some home buyers would assume that the first contact the bank/lender makes to them is for the amount of the down payment. This assumption is not correct.

The first contact the potential home buyer should generally make is to the bank/lender to see if they have a mortgage product that is appropriate for their individual situation. If they have no such product (i.e., no mortgage for the borrower), the potential home buyer should ask their bank/lender representatives a variety of questions to see if this particular lender/bank/lender has a product that is appropriate for their particular situation.