The majority of consumers are wildly wrong about what it takes to get a mortgage – Fasti News

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The majority of consumers are wildly wrong about what it takes to get a mortgage. apparently a lot of them got the wrong idea. The majority of consumers now think it is much harder to qualify for a home loan than it actually is, according to a recent Fannie Mae survey of more than 3,000.

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The majority of consumers now think it is much harder to qualify for a home loan than it actually is, according to a recent Fannie Mae survey of more than 3,000 people. respondents thought they needed much higher credit scores and bigger down payments than necessary. They also didn’t know much about the minimum debt levels lenders require.

Before we get into that discussion, you’ve had some role changes here. companies that are just making these one-off devices that don’t really keep consumers coming back for more in the same way.

The majority of consumers are wildly wrong about what it takes to get a mortgage The majority of consumers think it is much harder to qualify for a home loan than it actually is, according to a recent Fannie Mae survey of more than 3,000 people.

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