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 your loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.
Categories
Recent Posts
What Buyers Say They Need Most (And How the Market’s Responding)
Why Buyers and Sellers Face Very Different Conditions Today
Do You Know How Much Your House Is Really Worth?
3 Reasons Affordability Is Showing Signs of Improvement This Fall
What a Fed Rate Cut Could Mean for Mortgage Rates
Patience Won’t Sell Your House. Pricing Will.
Why 50% of Homes Are Selling for Under Asking and How To Avoid It
What Everyone’s Getting Wrong About the Rise in New Home Inventory
Should You Still Expect a Bidding War?
Why Selling Without an Agent Can Cost You More Than You Think
