The Truth About Down Payments [INFOGRAPHIC]

Education

Coming Soon

Video Transcript for

‍

There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home.

‍

But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.

‍

And if you want to give your savings a boost, look into down payment assistance. There are thousands of programs that offer an average benefit of nearly $17,000.

‍

To learn more about loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.

RSS Feed

Featuring:

‍Source: Keeping Current Matters

‍

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

‍

Keeping Current Matters is a trademark of Keeping Current Matters, Inc. CrossCountry Mortgage, LLC; its subsidiaries; and its affiliates have not been authorized, sponsored, or otherwise approved by Keeping Current Matters, Inc. or any of the above-mentioned companies.

Additional Resources

Watch Now:

Three Tips for First-Time Homebuyers

If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to save, and where to start.

Watch Now:

Your House Could Be Closer to List-Ready Than You Think

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house.

Watch Now:

Things That Could Help You Win a Bidding War on a Home

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common.