Do You Have Enough Money Saved for a Down Payment?One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief,
Buying A Home Can Be SCARYUntil You Know The FACTS
Dated: October 25 2019
Buying a home can be SCARY…Until you know the FACTS
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:
71% of buyers who purchased homes have put down less than 20%.
78.1% of loan applications were approved last month.
In September, the average credit score for approved loans was 737.