Sixty percent of homebuyers put 6 percent, or roughly $15,500, down on a median-priced house, according to the National Association of REALTORS® (NAR). Work toward that goal with these tips:
Flint Foley Real Estate Blog
Want to buy a home but worried about financing? You aren't alone! Knowing your credit score, taking charge of your finances and positioning yourself in the best way possible for a loan will all take weight off your mortgage. Kayla Albert at Trulia says. "If you’re considering making the leap to homeownership, there’s more to think about than the curb appeal of those homes for sale—the health of your credit score tops the list. To many, a credit score seems like a random trio of numbers determined by a complicated algorithm, but it represents much more to a lender who’s considering whether to approve your mortgage loan. While you may not need a perfect credit score, it’s important to know what you can do to improve your numbers."
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January 2020
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