2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers

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“Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited.

2 Myths Holding Back Home Buyers – There are a couple of myths floating around about home buyers. Have you been wondering what might be holding buyers back from buying your home? Many individuals think they need to put 20 percent down to buy a home. Others think they have to have a perfect FICO score.

2 Myths Holding Back Home Buyers.. Myth #2: "I Need a 780 FICO Score or Higher to Buy". Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

2 Myths Holding Back Home Buyers by The KCM Crew on June 26, 2017 in Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers. Are you a Bridge Builder? If so, log in to share a personalized version of this post.

Myth #1: "I Need a 20% Down Payment" Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,

The Ultimate Truth about Housing Affordability Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis. With mortgage rates remaining low and wages finally increasing, we can see that it is MORE AFFORDABLE to purchase a home today than it was last year!

Are you holding off on buying a home? If so, why? Many people fall for 2 myths that mislead them into thinking they can't buy a home.

2 Myths Holding Back Home Buyers. Jun 10, 2019 "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.".

Boston Globe (July 16, 2019):5 myths about mortgage down payments debunked.. kcm crew (june 26, 2017): 2 myths holding Back Homebuyers.

“For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the.

2 Myths Holding Back Home Buyers. Monday November 5th, 2018 Tuesday December 11th, 2018 simplify Buying Myths, Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

2 Home Buying Myths - BUSTED! Myth #2: It's difficult to qualify for homebuyer programs.. homebuyer education, especially for first-time homebuyers, to ensure the. programs hold you back.

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