[INFOGRAPHIC] Buying a Home Can Be Scary… Unless You Know the Facts
-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.