Blog > Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]
![Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://img.chime.me/image/fs/chimeblog/wp-migration/1000/20260608/16/original_d0b865a1fc524d36804eb0618b2383a9.jpg)
![Buying a Home Can Be Scary... Until You Know the Facts [INFOGRAPHIC] | Simplifying The Market](https://img.chime.me/image/fs/chimeblog/wp-migration/1000/20260608/16/original_10c0a2c417b249699a4b1411829a808e.jpg)
Some Highlights:
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts:
- 72% of buyers who purchased homes this year have put down less than 20%.
- 76.4% of loan applications were approved last month.
- The average credit score of approved loans was 727 in September.