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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]

Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]

October 31st, 2018 | Buying Myths, First Time Home Buyers, For Buyers, infographic

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:

  • 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.