Important numbers for mortgages — 720 and 20

These days there are two important numbers for those seeking mortgages — 720 and 20.

That’s a credit score of 720 and a 20% down payment.  That is what it takes to give buyers the best shot at getting a home loan.

If you are trying to sell your house and finding that all your buyers have their financing fall through — this is probably why!  Those are tough numbers to make for many people.

If you are having trouble selling your house to a qualified buyer, give us a call at 205-390-1050 to see if we may be of assistance.  We Buy Houses in Birmingham — all areas and all situations.

 

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