Finding Your Downpayment - Tip #7: Get It From The Government

The first thing you'll need to do when buying your first home is come up with your downpayment. Your downpayment can be anything from 0% up to as much as 50%. There are lots of ways to come up with your downpayment when buying your first home. Here is Tip #7 for Finding Your Downpayment!

Finding Your Downpayment - Tip #7: Get It From The Government

Consider this...  If you've protected our country by serving in the armed forces, there are loans available for which you may qualify. These loans, supported by the Veteran's Administration, are government-funded or guaranteed loans. This is just one of a slew of options new home owners have available to them. The government also offers many first-time home buyer downpayment assistance programs that can off-set or entirely pay for your downpayment. The State of Maryland even has specific first-time buyer programs if you're buying in Maryland!


For more ways to save money when you’re ready to buy, e-mail us or click here to visit our website!

Emcee Arah
RE/MAX Excellence Realtor with Architectural Dimension
Serving all your Real Estate needs in MD, VA & Wash., DC