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.”
Myth #1: “I Need a 20% Down Payment”
Myth #2: “I Need a 780 FICO® Score or Higher to Buy”
Bottom Line
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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