Down Payment

March 14, 2018
The concept of home ownership and 50 dollars

The Hidden Costs of Owning a Home

Financially, there’s more to buying a home than the purchase price—sometimes much more. After the down payment, and once your closing costs and monthly mortgage payments […]
March 24, 2018
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Expert Insights: Why Do Lenders Require a Down Payment?

It protects them should you default on the loan, especially if you fail to make payments in the early years of the loan when more is […]
February 11, 2021

Do I Really Need a 20% Down Payment to Buy a Home?

Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes.
July 8, 2021

The Truths Young Homebuyers Need To Hear

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford.