Most consumers overestimate what it takes to get a mortgage

Most consumers overestimate what it takes to get a mortgage
When it comes to obtaining a mortgage, the majority of consumers think it requires a higher credit score and larger down payment than is actually necessary, according to a recent survey by Fannie Mae. And, these widespread misperceptions about mortgage requirements could be holding some back from pursuing homeownership.
Source: https://www.housingwire.com/rss