Some Highlights:
- 36% of Americans think they need a 20% down payment to buy a home.
- 44% of Millennials who purchased a home this year have put down less than 10%.
- 8% of loan applications were approved last month.
- The average credit score of approved loans was 731 in September.
![Buying a Home Can Be Scary... Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://sibleyrealtygroup.com/wp-content/uploads/2016/10/www.simplifyingthemarket.comwp-contentuploads20161020161028-ENG-STM-cef261febba3e828e689fbea90366317d5a1f8c0.jpg)



