Your First Home
Monday, October 30, 2017
Buying A Home Can Be Scary… Unless You Know
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.
Source: Keeping Current Matters | The KCM Crew 102717
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