Buying a home can be SCARY…Until you know the FACTS

Buying a home can be SCARY…Until you know the FACTS

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Some Highlights:

Many potential home buyers 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 home ownership! 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.