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Tag: Down Payment

Posted on 05/28/2022
Do You Need a Bigger Down Payment?
Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...
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Posted on 01/18/2020
Getting Started on Your Down Payment While Renting
It can be difficult to find the extra savings to put towards your first home as a renter. With rent and utility prices rising, most people’s paychecks are leaving them with less and less savings at the end of the month. Buying your first home, however, can be a great long-term financial decision. It will help you build equity,...
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