What You Really Need To Know About Down Payments
Some Highlights
- There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
- And if you want to give your savings a boost, look into down payment assistance. Most first-time buyers qualify and the typical benefit is $17,000.
- To learn more about loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.
Categories
Recent Posts
Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.
What the Silver Tsunami Means if You’re Planning To Sell
What Experts Forecast for Mortgage Rates and Home Prices in 2027
Creative Financing Ideas for REO and Traditional Homes
The Home Insurance Move That Could Save You $440 a Year
Credit Scoring Is Changing: 3 Things Homebuyers Should Know
Don't Let the Fear of a Buyer Backing Out Scare You Away from Selling
Who’s Buying Homes with Cash Right Now?
Foreclosure Scam Alert: Know the Signs. Protect Your Home.
Why Builders May Be More Motivated To Sell Than Homeowners
GET MORE INFORMATION
