https://files.keepingcurrentmatters.com/wp-content/uploads/2017/10/23105051/20171027-Share-STM.jpg 410 750 The KCM Crew https://www.keepingcurrentmatters.com/wp-content/uploads/2023/01/KCMLogoFlatForDarkTM-300x39.png The KCM Crew2017-10-27 06:30:212017-10-23 14:03:39Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]
Buying a Home Can Be Scary... Unless You Know the Facts [INFOGRAPHIC]
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.
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