I recently had a conversation with my first time home buyer client. He really wants to purchase a home but it’s his understanding that he needs 20% down. So he’s been saving (which is a good thing) and waiting to purchase a home.
The fact is you don’t need 20% down to purchase a home:
· Conventional- Minimum 3% (some lenders have specialty program) or 5% down
· FHA- Minimum 3.5% down
· USDA- NO Down
· VA- NO Down
If you are considering purchasing or selling a home in Dallas Fort Worth area, I would love the opportunity to earn your business.
“My goal is to reach yours, at the least amount of inconvenience for you!”