Hello,Did you know that all lenders do a final “Credit Refresh” just before closing on a loan?This is a soft pull, so it doesn’t show new scores. It will, however, show any new activity
Buyers Listen Up You Do Not Need MONEY Well A Little But HEAR THIS AGAIN
Dated: February 25 2019
One More Time… You Do Not Need 20% Down to Buy a Home
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses.
In combination with higher rents, survey after survey has shown that non-homeowners (renters and those living rent-free with family or friends) believe they need to save upwards of 20% for their down payment!
According to the “Barriers to Accessing Homeownership” study commissioned in partnership between the Urban Institute, Down Payment Resource, and Freddie Mac, 39% of non-homeowners and 30% of those who already own a home believe they need more than a 20% down payment.
The percentage of those who are aware of low down payment programs (those under 5%) is surprisingly low at 12% for non-homeowners and 13% for homeowners.
In a recent Convergys Analytics report, they found that 49% of renters believe they need at least a 20% down payment.
The median down payment on loans approved in 2018 was only 5%! Those waiting until they have over 20% may already have enough saved to buy now!
There are over 45 million millennials (33%) who are mortgage ready right now, meaning their income, debt, and credit scores would all allow them to qualify for a mortgage today!
If your five-year plan includes buying a home, let’s get together to determine what it will take to make that plan a reality. You may be closer to your dream than you realize!
With our choice Team of lenders we can dolittle to no money down. often my buyers do not even have there down payment(what) till we get to the( week of closing)YES !!I can help you buy a home.. for less money, out of pocket.. save you tons.. and less out of pocket.. we really should talk on the phone 330-412-9799 Ann or 330-412-7413 Josh !!
We want to help you! we even do FREE credit repair.. we help you purchase with credit in the lower 500 range!!
Ann Norton 330-412-9799
I am dedicated to you! I will give you a 100% all of the time day or night! I will get you the house you want for the price you want! I will sell your house and get it done quickly! I think outside th....
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