Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]
Friday October 26th, 2018 Buying Myths, First Time Home Buyers, For Buyers, Infographics
Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC] | Simplifying The Market
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts:
72% of buyers who purchased homes this year have put down less than 20%.
76.4% of loan applications were approved last month.
The average credit score of approved loans was 727 in September.