Buying a Home Can Be Scary... Unless You Know the Facts [INFOGRAPHIC] | MyKCM

Some Highlights:

Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts:

  • 40% of millennials who purchased homes this year have put down less than 10%.
  • 76.4% of loan applications were approved last month. 
  • The average credit score of approved loans was 724 in September.
If you are looking to buy, sell or invest in real estate in the Phoenix or surrounding areas, call The Regal Team today!
Melissa Dierks
Owner, The Regal Team of RE/MAX Professionals
Direct:  623-229-0154