Buying a Home Can Be Scary... Know the Facts [INFOGRAPHIC] Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 8% of loan applications were approved last month. The average credit score of approved loans was 731 in September. http://www.simplifyingthemarket.com/en/2016/10/28/buying-a-home-can-be-scary-know-the-facts-infographic/?a=173103-d0cddd33ce09d6a19d630db9d85..