Scott Swinford is a mortgage loan originator in Indiana & Illinois. A firefighter/paramedic in his past professional life, Scott's goal is to be an advocate and an educator for his valued clients. He lives in Northwest Indiana with his wife, two sons, a Beagle, and a Belgian Malinois.
Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
![Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC] | Simplifying The Market](https://i0.wp.com/files.simplifyingthemarket.com/wp-content/uploads/2019/10/22120550/20191025-KCM-Share-549x300.jpg?w=358&ssl=1)
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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.
Source: New feed
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