Tag: Down Payment

Posted on 03/25/2024
Down payment assistance options for first-time homebuyers
Affording a down payment on a home can be a major hurdle in...
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Posted on 10/17/2022
The Benefits of a Large Down Payment
When buying a home, the down payment will make up the bulk of your upfront expenses. While most mortgage lenders offer you flexibility in the amount of your down payment, it's difficult to decide how much money to spend right away. While a higher upfront cost, a higher-than-minimum down payment has some significant advantages. Here are the main...
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Posted on 08/08/2022
Benefits & Disadvantages to Higher Down Payments Homebuyers Should Consider
Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...
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