Acre Mortgage and Financial, Inc.

NMLS# 13988

400 Sheppard Rd.

Voorhees, NJ 08043

(866) 416-7156

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Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]

October 26, 2018

 

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:

  • 72% of buyers who purchased homes this year have put down less than 20%.

  • 76.4% of loan applications were approved last month.

  • The average credit score of approved loans was 727 in September.

     

     

     

     

     

     

     

     

     

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