Tag Archives: down payment

You DO NOT Need 20% Down to Buy your Home NOW!!!!

KCM Crew, June 26th, 2018 The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) 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. The results of the … Continue reading

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2 Major Myths Holding Back Home Buyers

KCM Crew, January 30th, 2018 Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above … Continue reading

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61% of First-Time Buyers Put Down Less than 6%

KCM Crew, January 24th, 2018 According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment … Continue reading

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No ….. You Do Not Need 20% Down to Buy NOW!!!!

KCM Crew, October 9th, 2017 The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) 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. The results of … Continue reading

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Number of Buyers Putting Down Less Than 10% Hits 7-Year High

KCM Crew, August 30th, 2017 According to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months. This is great news for buyers as this marks a 7-year … Continue reading

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2 Myths Holding Back Home Buyers

KCM Crew, June 27th, 2017 In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even … Continue reading

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High Down Payments Alter Young Homebuyer Priotities

DSNews.com, May 22nd, 2017 According to the latest Merrill Edge® Report, 63 percent of millennials are looking to achieve the amount of savings or income necessary to live their desired lifestyle, whereas most (55 percent) Gen Xers and baby boomers are … Continue reading

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