2 Myths Holding Back Home Buyers

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Residential real estate is loaded with myths and misinformation. Certainly, the general inspector of the home may suggest.

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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,

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2 Myths Holding Back Home Buyers. Posted on 06/10/2019 by Arisdeyson Matos in Brevard County Florida Real Estate, 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.

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2 Myths Holding Back home buyers june 10, 2019.. 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.. 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.

Buyers overestimate the down payment funds needed to qualify for a home loan. According to the First quarter 2017 homeownership program index (hpi) from Down Payment Resource, saving for a down payment was the barrier that kept 70% of renters from buying. Rob Chrane, CEO of Down Payment Resource had.