![Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC] | Keeping Current Matters](https://static.wixstatic.com/media/afe665_015255a8a8cc487296e0d9fad3db9e4c~mv2.jpg/v1/fill/w_980,h_625,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/afe665_015255a8a8cc487296e0d9fad3db9e4c~mv2.jpg)
Some Highlights:
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.