Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC]
![Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/10/20181026-STM-ENG.jpg)
Some Highlights
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.
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