Posts Tagged ‘down payment’
The 20% Down Myth
If you’re desperate to own a home of your own, you are likely saving up until you have 20% of your dream home’s total value. All that’s great, but the fact is you don’t need to put down 20%. The 20% myth is leftover from the era after the housing crisis, when many lenders tightened…
Read MoreHow to Prepare for Your Home Purchase
“How do I prepare to get a mortgage?” Talk about a frequently asked question. The fact of the matter is that most people aren’t aware that there are things you can do to set yourself up to get a mortgage. Certainly, you need to fill out a mortgage application and retrieve the required documentation for…
Read More3 Questions to Determine if You’re Ready to Own a Home
Buying a home is one of the biggest financial decisions you’ll ever make, so it’s important to not rush into it. It may feel like you’re throwing away money while renting (especially if your mortgage payment could be cheaper than your rent), but you may be able to avoid other expenses that homeowners incur. Before…
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