2 Myths Holding Back Home Buyers

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Island home loans news; Here’s 2 Myths That Are Still 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.

2 Myths Holding Back Home Buyers. By Susan Rupert.. Myth #2: "I Need a 780 FICO Score or Higher to Buy". 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.

2 Myths Holding Back Home Buyers. Monday June 10th, 2019 Friday July 26th, 2019 simplify Buying Myths, Down Payments, First time home buyers, For Buyers, For Sellers, housing market updates, Move-Up Buyers.. Myth #2: "I Need a 780 FICO Score or Higher to Buy".

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Urban Institute recently released a report entitled, "Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability," which revealed that, "Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership.

2 Myths Holding Back Home Buyers.. Myth #2: "I Need a 780 FICO Score or Higher to Buy". 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.

5 Myths About Buying A Home With Retirement Income. While another looks at retiring as a time to relax, enjoy the grandchildren, and travel. Additionally, retirement age may come at ages 38, 59 1/2, 62, 65, or higher.. In that case, a buyer must have a history of holding two jobs at once, but when it.