Many renters have noted the reasons for them keep renting were as followed 1. Closed to 50% of renters believe they need 20% down payment or more to buy a home. 2. 1 in 3 renters think they need a credit score of 700 ore more to qualify for a loan. 3. Lack of down payment The above reasons are common and if you are paying quite a bit of $ for rent right now, you may consider looking for options that will benefit you more. contact us today and let us know about your concerns and questions.