Millennials Flock To Low Down Payment Programs
Millennials Flock to Low Down Payment Programs
“It seems that the long-awaited influx of millennial home buyers is beginning. Ellie Mae reported that mortgages to millennial borrowers for new home purchases continued their ascent in January, accounting for 84 percent of closed loans.”
“It is not surprising to see Millennial borrowers leverage FHA loans because they typically offer lower down payments and lower average FICO score requirements than conventional loans. Across the board, we're continuing to see strong interest in homeownership from this younger generation.”
They say I have been more than a Realtor. I became their friend, always in their corner working for the best outcome guiding them every step of the way. Over 26 years I have walked beside my clients t....