Buying a Home Can Be Scary... Until You Know the Facts
Posted by Josh Barker on Monday, October 30, 2017 at 7:33 AM
By Josh Barker / October 30, 2017
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Many potential homebuyers in Shasta County believe that they need a 20% down payment and a 780 FICO® score just to qualify to buy a home, which stops many of them from even trying!
Here are some facts:
- 40% of millennials who purchased homes this year have put down less than 10%.
- The average credit score of approved loans was just over 700 in September.
- 76.4% of loan applications were approved last month.
First get in touch with a local mortgage lender to see what you qualify for. Then find your dream home on www.reddinghomes.com and leave the rest to us! If you have any questions about buying or selling a home, please don't hesitate to contact me at 530-222-3800 or email directly at [email protected].
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