2 Myths That May Be Holding Back Buyers

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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.

房利美的文章“消費者(不)知道關於房貸資格標準”披露“只有5%至16%的受訪者知道房貸資格的正確標標準。”

Myth #1: “I Need a 20% Down Payment”
虛構#1:“我需要20%的頭期款”

Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 76% of Americans either don’t know (40%) or are misinformed (36%) about the minimum down payment required.

房利美的調查顯示,消費者高估了獲得房貸所需的頭期款。根據報告,76%的美國人不知道(40%)或錯誤認知(36%)所需的最低頭期款。

Many believe that they need at least 20% down to buy their dream home, but many programs actually let buyers put down as little as 3%.

許多人認為他們需要至少20%頭期款才能購買夢想家園,但實際上許多貸款計劃只需要3%的頭期款。

Below are the results of a Digital Risk survey of Millennials who recently purchased a home.

以下是最近購買房屋的千禧世代的數字風險調查結果。

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As you can see, 64.2% were able to purchase their home by putting down less than 20%, with 43.8% putting down less than 10%!

正如你所看到的,有64.2%的買家用不到20%的頭期款來購買自己的房屋,43.8%的買家甚至只需要不到10%的頭期款!

Myth #2: “I need a 780 FICO Score or Higher to Buy”
虛構#2:“我需要780或更高的信用評分才能購屋”

The survey revealed that 59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO score is necessary to qualify.

調查顯示,59%的美國人不知道(54%)或錯誤認知(5%)關於信用評分的資格。

Many Americans believe a ‘good’ credit score is 780 or higher.

許多美國人認為“好”的信用分數是780或更高。

To help debunk this myth, let’s take a look at Ellie Mae’s latest Origination Insight Report, which focuses on recently closed (approved) loans. As you can see below, 54.7% of approved mortgages had a credit score of 600-749.

為了幫助揭開這個錯誤的觀念,讓我們來看看Ellie Mae最新的Origination Insight報告,看看最近批准的貸款。如下圖所示,54.7%的批准房貸信用評分為600-749。

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Bottom Line
結論

Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

無論是購買你的第一個家還是遷移到你的夢想家園,知道你的選擇將使整個過程更容易,你的夢想家園可能已經是垂手可得。

 

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