by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.The trend continued through all buyers with a mortgage, as 62% made a down payment of less than...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today.1. Down PaymentThe survey revealed that...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent of respondents know the correct ranges for key mortgage qualification criteria.” Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics
Some Highlights:Realtor.com recently shared “5 Habits to Start Now If You Hope to Buy a Home in 2017.”Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it.Living within a budget...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase....
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates
Some Highlights:Interest Rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!Credit score requirements to be approved for a mortgage continue to fall. Source: KCM
![3 Tips for Making Your Dream of Buying a Home Come True [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2017/01/3-Tips-STM-1080x675.jpg)
![Slaying Myths About Home Buying [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2016/07/Slaying-Myths-STM-1-1080x675.jpg)