You Don’t Need as Much for a Down Payment as You Think

I’ve talked to a lot of first-time homebuyers recently that are under the impression that they need to save up a lot of money for their down payment. You should know that there are plenty of down payment options out there for different loans. You don’t need 10% or 20% to purchase a home. In fact, you can get into a home with FHA financing for just 3.5% down. Rather than saving for years to get to that level, let’s talk about getting you into a home now so you can start looking sooner rather than later and lock in a low rate with a low down payment. “You don’t need 20%; you only need 3.5%.” If you have any questions for me or want to hear more about the different financing options out there, give me a call or send me an email. I look forward to hearing from you.