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Does Buying a Home Have to Be Scary?

Homebuying Myths

Buying a home does not have to be scary, if you know the facts!

Bottom Line:

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:

  1. 40% of millennials who purchased homes this year have put down less than 10%.

  2. 76.4% of loan applications were approved last month.

  3. The average credit score of approved loans was 724 in September.

If you would like to learn more about what it will take to buy your dream home, complete the GET IN TOUCH form on this page and a Real Estate Advisor | REALTOR® from Martin Real Estate Advisors, a United Real Estate Company will get in touch with you.

Content credit to Ray Martin & Keeping Current Matters.

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