Buying A Home Can Be SCARY Until You Know The FACTS

Dated: 10/30/2019

Views: 83

Image title

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.

Blog author image

Richard Bradley

Richard Bradley specializes in residential real estate sales and property management services. I am committed to helping homeowners, buyers & investors with their real estate needs. I spend my time in....

Latest Blog Posts

Buying A Home Early Can Significantly Increase Future Wealth

According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60.  The good news is, our younger generations are strong

Read More

2020 Luxury Market Forecast

By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners

Read More

Expert Insights On The 2020 Housing Market

When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to

Read More

When A House Becomes A Happy Home

When a House Becomes a Happy HomeWe talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership.No matter

Read More