One of the first things people think about when planning to purchase a home is how much money they will need for the down payment. But often times, they forget about the other expenses associated with … [Read more...]
5 Tips to Save Money for a Mortgage Down Payment
Although there are mortgages that don't require a down payment, most people qualifying for a home loan will need to make a down payment that typically ranges from 3.5% to 20%. As a result, … [Read more...]
You Don’t Need a 20% Down Payment for a Home Mortgage
You might not have enough cash for a 20% down payment on a home loan. Or, you might not want to liquidate your assets, or use all your cash, for a down payment. If you qualify for a home mortgage, … [Read more...]
Buying a Home? Where will the funds for the down payment come from?
If you are getting pre-approved to buy a home and the lender does not ask you specific questions about the source of the funds you plan to use for closing costs and the down payment, they may be … [Read more...]
