Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
October 25, 2019
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:
71% of buyers who purchased homes have put down less than 20%.
78.1% of loan applications were approved last month.
In September, the average credit score for approved loans was 737.
Christy Reece is a licensed realtor at Mountain Place Realty in Blue Ridge, GA. Christy specializes in North Georgia properties in and around Blue Ridge, Blairsville, Ellijay, and Hiawassee. Whether you are looking to purchase or sell a primary residence, second home, rental income property or land, Christy is here to serve you.