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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. Posted on 06/10/2019 by Arisdeyson Matos in Brevard County florida real estate, 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.

“2017 was the best year for home sales in. sellers and not enough buyers. Fortunately, that does not appear to be the case, as indicated by months’ supply of inventory at below five months.” Why.

 · 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.

2 Myths Holding Back Home Buyers. Jun 10, 2019 "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. 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.

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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 The KCM Crew on June 10, 2019 in Buying Myths, Down Payments, First time home buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers. Are you a Bridge Builder? If so, log in to share a personalized version of this post.

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