Some Highlights:
- 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%.
- 71% of loan applications were approved last month.
- The average credit score of approved loans was 723 in September (the lowest recorded score since Ellie Mae began tracking in August 2011).
If you’re intimidated by thinking about Buying a home, lets sit down and chat through your options to see if it’s the right time or to help you prepare for a future purpose. Just reach out to me and we’ll get it set up!
