Home Loans And FICO Scores

    Are you a first time home buyer wanting to purchase a home but worried you won’t qualify because of a lower FICO score?  Good news….the average FICO score on all purchase and refinance loans since April 2017 dropped to an average of 722.  But, Millenial Tracker reported that FHA purchase loans closed in December 2017 with an average of 4% down and 684 FICO scores making it much easier to get into your first home!  If you are ready to purchase a home now or are preparing to purchase in 2018, give me a call, I would love to help!

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