Category Archive for "down payment"
Smart Strategies to Save for a Down Payment on Your Dream Home
Dreaming of buying a home? One of the biggest challenges of the process is coming up with a down payment, a percentage of the home’s purchase price that you must pay at closing. But don’t worry; with the right strategies,…
3 things you can do this week to get closer to buying a home
Many Americans are putting their home purchases on hold over the uncertainty about the housing market. While we don’t recommend trying to time the market, it’s certainly understandable that some folks are a bit trepid right now. Even though you…
What is PMI (or MIP) and how do I get rid of it?
PMI (short for ‘private mortgage insurance’) is one of those things in life that is both a curse and a blessing. If you put down less than 20 percent of the loan amount when you take out a conventional loan,…
Stop saving for the down payment and get help with it
Despite having decent credit, a good job and the ability to pay for a home every month, the dream of buying a home is somewhat elusive for those with little to no cash to put down. This is why our…
Get Help With Your Down Payment
It’s frustrating to have a decent-paying job, a bright earnings future and acceptable credit and still not be able to buy a home because you lack the thousands of dollars in cash needed for a down payment and closing costs….
