2 Myths Holding Back Home Buyers

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,

Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save [.]

2 Myths Holding Back Home Buyers. Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.

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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,

Down payments and FICO scores should not be holding you back from owning a home. You may be closer to owning your dream home than you think. Down payments and FICO scores should not be holding you back from owning a home.. 2 Myths Holding Back Home Buyers. Posted by GoGSF | July 19, 2017.

Tuesday Tidbit - 2 Myths Holding Back Buyers / 2 Myths Holding Back home buyers june 10, 2019 by larry lawfer freddie mac recently released a report entitled, "Perceptions of Down Payment Consumer Research."

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2 Myths Holding Back Home Buyers! By The kcm crew freddie mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their