Tag: Down Payment

Posted on 05/21/2023

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...

Advantages

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Posted on 02/20/2022

Do You Need a Bigger Down Payment?

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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Posted on 04/07/2019

Tips to Save for a Down-Payment

You've assessed your budget, changed your habits, and made spending cuts but you still need to reach your down payment faster. Consider these significant steps to help you get there. Take on a second part-time job. If your work schedule allows you to add a second job find a part-time option that will enable you to earn one...

First Time Buyer

Down Payment

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