You May Not Need as Much as You Think for Your Down Payment

By
Real Estate Agent with HomeSmart 0561240

You May Not Need as Much as You Think for Your Down Payment

 

You

 

 

Some Highlights

  • Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
  • And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.
  • Lets connect to make sure you have a trusted lender and can find out if you're ready to buy a home sooner rather than later.

 

 

 

 

 

Posted by

e signature for Shayne Stone

“YOUR Rock-Solid Choice Realtor for Making Home Sellers a Profit & Home Buyers Equity”

Facebook Icon Instagram Icon Twitter Icon Blog Icon
Home Search Icon Market Insight Icon Home Value Icon

 

 

Comments (4)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Feb 07, 2023 06:54 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Shayne, it is a myth when buyers think they HAVE to have 20% down.   There are a few different programs they can use.

Feb 07, 2023 07:41 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Shayne and thank you for sharing your blog with us here in the Rain today.  Make it a great day!

Feb 07, 2023 08:13 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Shayne Stone considering how low PMI is right now, a borrower is better off making the minimum down payment and keeping the money to make improvements on the house.

Feb 07, 2023 03:36 PM