Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]
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.
Bottom Line
Buying a home makes sense socially and financially. If you are interested in finding out if you could put your housing cost to work for you by purchasing a home, let’s get together to determine if you can qualify for a mortgage now! Call Julie Larson at 941-882-0322 or complete the form below…