https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/22120446/20191025-KCM-Share.jpg 410 750 The KCM Crew https://www.keepingcurrentmatters.com/wp-content/uploads/2023/01/KCMLogoFlatForDarkTM-300x39.png The KCM Crew2019-10-25 06:30:112019-10-22 13:54:49Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
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.
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.