2 Myths Holding Back Home Buyers In Realtor.com’s recent article, "Home Buyers’ Top Mortgage Fears: Which One Scares You?" they mention that "46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try."
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2 Myths Holding Back Home Buyers. By Susan rupert.. 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.
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Urban Institute recently released a report entitled, "Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability," which revealed that, "Consumers often think they need to put more.
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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. Jun 10, 2019 "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.".
2 Myths Holding Back Home Buyers. June 17, 2019; 1 comment ; Calvin Wright;. "For some, First time home buyers, putting something aside for an initial down-payment is the biggest obstruction to accomplishing the objective of home ownership. A portion of those who wanted to buy a home were.
But there are also many myths and misconceptions surrounding the process that can hold potential home buyers back from exploring their options. mortgages with a down payment as little as zero. 2.
2 Myths Holding Back Home Buyers By Gabe fitzhugh june 10, 2019 June 10, 2019 Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research."
Find out the two major myths that are hold a lot of first-time home buyers back. Don’t let limiting beliefs stop you from achieving your dreams.