Tag: Down Payment

Posted on 10/18/2023
What is a gifted down payment?
Potential homebuyers with generous connections may benefit...
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Posted on 08/03/2022
3 Benefits to a Large Down Payment
When buying a home, the down payment will make up the bulk of your upfront expenses. While most mortgage lenders offer you flexibility in the amount of your down payment, it's difficult to decide how much money to spend right away. While a higher upfront cost, a higher-than-minimum down payment has some significant advantages. Here are the main...
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Posted on 07/21/2021
Here's Why You Should Consider a Bigger Down Payment When Buying a Home
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 11/27/2019
The Best Way to Aggressively Save for a Home Loan
Buying a home will likely be one of the largest financial decisions you will make in your lifetime. While this may seem scary at first, it’s worth noting that buying a home can also be a valuable financial investment. When it comes to preparing to buy a home, many people just wait until they run out of room in...
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Posted on 07/03/2019
Organizing Your Bill Payments
Staying organized an on top of your bills is important to not only maintaining your lifestyle but to reducing your stress and working toward your savings goals. There are many ways to get yourself organized and plenty of digital tools to assist you along the way. For those just wrapping their heads around payment organization here are a...
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