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Bill Gassett's insight:
Are you excited about the prospects of becoming a first time homeowner? Have you been wanting to own a home but felt you were locked out of the real estate market?
If so, you are not alone. One of the most significant stumbling blocks to become a first time home buyer is coming up with a down payment. For some it is truly too difficult to save what they need for they need. For others there is a lack of education about down payment requirements.
Many buyers have no idea that there are still low and no down payment mortgage options. A significant portion of the population still thinks a twenty percent down payment is required.
In the article at Vocal Media, the curtain is put aside on the down payment requirements. You will learn where you can get financing that requires little or no money down.
If you have been wanting to purchase a home get yourself educated on the process, as well as what it takes to prepare financially to be the next homeowner. 
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Scoop.it!
What Are The Down Payment Requirements When Buying a Home? What kind of down payment do you need to buy a home? This is one of the first questions potential homebuyers ask, and for a good reason. The down payment is where most of the money goes for the majority of homebuyers – you don’t have enough to pay cash for the home and need a loan, so you plan to put as much of your savings down as you can to make the purchase happen. But the old days of everyone making a 20% down payment are long gone.
Bill Gassett's insight:
Are you planning on your first home purchase in the coming year? If so, congrats! Buying a home is a significant milestone event worth celebrating.
Many folks actually don't move forward with purchasing a home because they are under the false impression of needing twenty percent for a down payment. This is one of the many mortgage myths that has been going around for as long as I can remember.
In the article at Maximum Real Estate Exposure, you'll get an in-depth understanding of exactly what down payment you need to buy a home. It will be much less than you expect. In fact, many buyers are unaware they can buy a home with little to no money down.
There are many mortgage programs specifically for first-time buyers that accommodate much less than twenty percent. Don't be one of those buyers who puts off a home purchase due to a lack of knowledge.
Visit the article on down payments to get educated on the home buying process.
b54wp4xg3u@privaterelay.appleid.com's curator insight,
February 22, 2021 9:42 PM
Are you planning on your first home purchase in the coming year? If so, congrats! Buying a home is a significant milestone event worth celebrating.
Many folks actually don't move forward with purchasing a home because they are under the false impression of needing twenty percent for a down payment. This is one of the many mortgage myths that has been going around for as long as I can remember.
In the article at Maximum Real Estate Exposure, you'll get an in-depth understanding of exactly what down payment you need to buy a home. It will be much less than you expect. In fact, many buyers are unaware they can buy a home with little to no money down.
There are many mortgage programs specifically for first-time buyers that accommodate much less than twenty percent. Don't be one of those buyers who puts off a home purchase due to a lack of knowledge.
Visit the article on down payments to get educated on the home buying process. |
Are you excited about the prospects of becoming a first time homeowner? Have you been wanting to own a home but felt you were locked out of the real estate market?
If so, you are not alone. One of the most significant stumbling blocks to become a first time home buyer is coming up with a down payment. For some it is truly too difficult to save what they need for they need. For others there is a lack of education about down payment requirements.
Many buyers have no idea that there are still low and no down payment mortgage options. A significant portion of the population still thinks a twenty percent down payment is required.
In the article at Vocal Media, the curtain is put aside on the down payment requirements. You will learn where you can get financing that requires little or no money down.
If you have been wanting to purchase a home get yourself educated on the process, as well as what it takes to prepare financially to be the next homeowner.