If you think home ownership is beyond your grasp, think again. Many prospective home buyers continue to rent year after year because they believe they have no other options. That's because they've been told all the reasons they can never hope to qualify for home ownership. If you find yourself in that situation, it may be because you've been given misinformation about building credit for home mortgage qualification.

Here are 9 of the most common myths about qualifying for home mortgage financing: