Real estate blog entries tagged with gift funds by June Piper-Brandon, Creating Generational Wealth Through Homeownership (Coldwell Banker Realty)

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gift funds: First Time Homebuyer Myths - 08/10/22 09:46 AM

First-Time Homebuyer Myths
I am inspired by an article I read this morning to dispel some common myths and misconceptions first-time buyers hold.
Did you know? You don't need 20% for a downpayment!! There are many loan programs available for purchasers and not just first-time home buyers. You can put 3, 5, 10, 15 20%, or any amount above 3% as your down payment on a conventional loan. Depending on your lender you may not need to put anything down, some credit unions have a 100% loan program for buyers that qualify. If you are a Veteran, you may also qualify for a … (2 comments)

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