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Don’t Let Home Buying Scare You!

Know the facts…

    • According to the Realtors Confidence Index from the National Association of Realtors, “72% of first-time home buyers put down less than 20%”.
    • According to Ellie Mae’s latest Origination Insight Report, over 50% of approved mortgages had a credit score of 600-749.
    • Home ownership  is highly correlated to building wealth. According to the Federal Reserve, homeowners have an average wealth of $231,420 while renters have an average wealth of $5,200.
    • 76.4% of loan applications were approved last month (EllieMae).

For more information on buying or selling a home in Northern Virginia, contact The Gus Anthony Team.

Tel: (703) 818-1886

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Denise Fuller


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