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Buying a Home Can Be SCARY, Until You Know the FACTS! (Infographic)

Friday, October 25, 2019   /   by Angel Murillo

Buying a Home Can Be SCARY, Until You Know the FACTS! (Infographic)



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Some Highlights:

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.


 Cheers,
 The Hebert McMahon Realty Group

  house hunting, first time home buyer, real estate, new home