First Time Home Buyers | Page 25 of 57

October 8, 2019

What FICO® Score Do You Need to Qualify for a Mortgage?

Article by: Simplifying the Market™Originally Published: October 8, 2019, 10:00 amIt’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need. While a recent announcement from CNBC shares that the average national FICO® score has […]

October 7, 2019

62% of Buyers Are Wrong About Down Payment Needs

Article by: Simplifying the Market™Originally Published: October 7, 2019, 10:00 amContrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) […]

October 4, 2019

5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]

Article by: Simplifying the Market™Originally Published: October 4, 2019, 10:00 am Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your […]