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.
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.
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