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2 Myths Holding Back Home Buyers! By The KCM Crew Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their
2 Myths Holding Back Home Buyers 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.
2 Myths Holding Back Home Buyers By Gabe Fitzhugh June 10, 2019 June 10, 2019 Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research."
· Myth #1: “I Need a 20% Down Payment” Buyers overestimate the down payment funds needed to qualify for a home loan. According to the First Quarter 2017 Homeownership Program Index (HPI)from Down Payment Resource, saving for a down payment was the barrier that kept 70% of renters from buying.. Rob Chrane, CEO of Down Payment Resource had this to say,
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Myth #1: "I Need a 20% Down Payment" Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,
2 Myths 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. Part.
2 Myths 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.
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2 Myths Holding Back Home Buyers – Lindenhurst, NY – Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home