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

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.

Plans to Build 3 Million New Houses

Selling and leasing a small portion of federal land could lead to the construction of over three million houses in Western states, according to a right-leaning think tank. The Bureau of Land Management holds 267,000 square miles, and selling just 850 miles could...

Happy April Fool’s Day

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

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