Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]
![Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://blog.chime.me/www-gremn-com/wp-content/uploads/sites/177/2018/10/20181026-Share-STM.jpg)
![Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://blog.chime.me/www-gremn-com/wp-content/uploads/sites/177/2018/10/20181026-STM-ENG.jpg)
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:
- 72% of buyers who purchased homes this year have put down less than 20%.
- 76.4% of loan applications were approved last month.
- The average credit score of approved loans was 727 in September.
Categories
Recent Posts
Rent or Buy? The Real Tradeoff Most People Don’t Talk About
Getting a Tax Refund? Here’s How It Can Help You Buy a Home
Wondering If You Should Still Buy a Home Right Now? Here’s What To Keep in Mind.
When Buying a Home Feels Out of Reach, Some Families Do This Instead
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know.