Tag: Down Payment

Posted on 11/03/2024
Using a gifted down payment for your mortgage
Potential homebuyers with generous connections may benefit...
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Posted on 09/03/2023
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 11/13/2022
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 10/16/2022
3 Financial real estate terms you should know
The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...
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Posted on 11/17/2019
Do I Really Need a 20% Down Payment to Buy a Home?
We all know that buying a home is a significant decision that comes with a great deal of financial planning and preparation. However, few of us are taught the ins and outs of actually obtaining a mortgage to make your dream of homeownership come true. Mortgages are a complicated business that is always changing, both with fluctuations in market...
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