Mortgage knowledge

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Most consumers overestimate what it takes to get a mortgage

Jun 05, 2019By

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.

3d rendering of a row of luxury townhouses along a street

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