Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]

Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC] | MyKCM

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.

 

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Trevino Properties does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Trevino Properties will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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Alex Trevino

The team at Trevino Properties is a group of highly skilled and experienced real estate professionals who are dedicated to helping their clients navigate the complex real estate market. With a focus on the homes and lifestyles of Silver Lake, Eagle Rock, Mount Washington, Los Feliz, and Echo Park, they have in-depth knowledge of the local market and its unique features. Their passion for real estate, combined with their expertise and personalized service, sets them apart from other real estate firms. The team at Trevino Properties is committed to providing the highest level of service to their clients and always working in their best interests to achieve their real estate goals.

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