by Tricia Herbert | Sep 14, 2023 | Advice For Buyers, Budget Statistics, Down Payments, First Time Home Buyers, Home Buying, Home Gain Statistics
Programs: So, you’ve got your eyes set on owning a house, but the big bad down payment is standing in your way. You’ve probably heard that banks usually want a hefty 20% of the home’s price upfront. Anything less, and you’ll likely end up shelling out for private...
by Tricia Herbert | May 5, 2022 | Buyers, Buying Myths, Down Payments, First Time Home Buyers
Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing...
by Tricia Herbert | Jan 14, 2022 | Down Payments, Home Buying, Interest Rates, Mortgage Rates
While it’s challenging to buy a home with a down payment, programs exist that allow qualified buyers to put down as little as 3.5%. A VA Loan will let you put down 0%. Why would anyone put down as much as 20%? It Will Lower Your Interest Rate A 20% down payment...
by Tricia Herbert | Nov 11, 2021 | Buyers, Buying Myths, Down Payments
The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help...