Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]
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.
Laura Wilson, Real Estate Broker
Windermere Real Estate, Florence Oregon