[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1iucfokidsl2y":3,"$ffeh0925h8cuz":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":31,"next":37},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":29,"updatedAt":30},603,"3-crucial-questions-most-home-buyers-dont-know-the-answer-to-do-you","3 Crucial Questions Most Home Buyers Don’t Know the Answer To...DO YOU?","Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to:","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002F01161302\u002F20160714-Questions-STM.jpg","Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to:\u003C!--more-->\r\n\u003Col>\r\n \t\u003Cli>\r\n\u003Ch4>What is the \u003Cstrong>minimum down payment\u003C\u002Fstrong> required to purchase a home?\u003C\u002Fh4>\r\n\u003C\u002Fli>\r\n \t\u003Cli>\r\n\u003Ch4>What is the \u003Cstrong>minimum FICO\u003C\u002Fstrong> \u003Cstrong>score\u003C\u002Fstrong> required to qualify for a mortgage?\u003C\u002Fh4>\r\n\u003C\u002Fli>\r\n \t\u003Cli>\r\n\u003Ch4>What is the \u003Cstrong>maximum Back-End DTI Ratio\u003C\u002Fstrong> allowed?\u003C\u002Fh4>\r\n\u003C\u002Fli>\r\n\u003C\u002Fol>\r\nA survey conducted by \u003Cem>Fannie Mae\u003C\u002Fem> revealed startling information: most Americans don’t know the answer to these three crucially important questions. Here is a graphic showing the results of the survey:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002FDo-You-Know-STM.jpeg\">\u003Cimg class=\"alignnone wp-image-33778\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002FDo-You-Know-STM.jpeg\" alt=\"3 Crucial Questions Most Home Buyers Don’t Know the Answer To. DO YOU? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nThe percentages are quite disturbing but can explain why so many people \u003Cstrong>\u003Cem>believe they are not eligible\u003C\u002Fem>\u003C\u002Fstrong> to purchase a home whether it is a first home or a trade-up home. Here are the actually requirements \u003Ca href=\"http:\u002F\u002Fwww.fanniemae.com\u002Fportal\u002Fabout-us\u002Fmedia\u002Fcommentary\u002F121015-palim.html\">as per Fannie Mae\u003C\u002Fa>:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002FFannie-Mae-Requirements-STM.jpeg\">\u003Cimg class=\"alignnone wp-image-33779\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002FFannie-Mae-Requirements-STM.jpeg\" alt=\"3 Crucial Questions Most Home Buyers Don’t Know the Answer To. DO YOU? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are considering purchasing a home, make sure you are aware of all your options before moving forward.","\r\nIf you are considering purchasing a home, make sure you are aware of all your options before moving forward.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002FDo-You-Know-STM.jpeg",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up","2016-07-14T10:00:29Z","2016-07-08T15:55:17Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},602,"would-you-qualify-for-a-mortgage-now","Would You Qualify for a Mortgage Now?","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F06\u002F01161321\u002F20160629-Share-STM.jpg","2016-07-13T10:00:10Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},604,"should-i-wait-until-next-year-or-buy-now-infographic","Should I Wait Until Next Year? Or Buy Now? 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