Posts from February 1st, 2023

If you're getting ready to buy your first home, you're likely focused on saving up for everything that purchase involves. One cost that's likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

Understand 20% Isn't Always the Typical Down Payment

Freddie Mac explains: 

". . . nearly a third of prospective homebuyers think they need a down payment of 20% or more to buy a home. This myth remains one of the largest perceived barriers to achieving homeownership." 

Unless specified by your loan type or lender, it's typically not required to put 20% down. This means you could be closer to your homebuying dream than you realize. Acco...

Click Here to Read More...