Found 2 blog entries tagged as Down Payment.

The dream of owning a home is central to the American Dream. Real estate represents much more than an investment, it is also part of our identity. However, in the current market, with inflation, and mortgage rate news, the prospect of homeowning and saving is often accompanied apprehension at figuring out a substantial down payment. It is important to debunk the myth that 20% down payments are the only way to own a home. Our government realizes how central homeowning is to the success of populations and generations and thus have many loan options and assistance programs, to make purchasing a home, easier than you think. Here are some of the ways to rethink downpayments, your first step towards homeowning.

20% Down Myth

20% is what people think…

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Buying a Home: Do You Know the Lingo?

Highlights:

  • Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
  • To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
  • The best way to ensure your home buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher.’

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