NE TEXAS Real Estate News

Buying A Home Can Be Scary

October 27th, 2017 12:40 PM by NE TEXAS REALTY GROUP

Buying a Home Can Be Scary... Unless You Know the Facts [INFOGRAPHIC] | MyKCM

Some Highlights:

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.
Posted by NE TEXAS REALTY GROUP on October 27th, 2017 12:40 PM

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