Buying a Home Can Be Scary... Unless You Know the Facts [INFOGRAPHIC]
![Buying a Home Can Be Scary... Unless You Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2017/10/Mythbusters-STM.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:
- 40% of millennials who purchased homes this year have put down less than 10%.
- 76.4% of loan applications were approved last month.
- The average credit score of approved loans was 724 in September.
|
Members: Sign in now to set up your Personalized Posts & start sharing today!
Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts. |
