by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary....
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways: 59% of...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers
Yesterday, we discussed the belief Americans have in homeownership and their desire to partake in this piece of the American Dream. We also discussed some of the obstacles preventing them from attaining that goal. However, studies have shown that many of the obstacles...