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down payment

Five percent down

Nearly ¼ Of Homeowners Purchase Property With Less Than 5% Down

A lot of potential home buyers think that in order to successfully buy property they need to save up a sizeable down payment of 20% of the purchase price—and that until they have that down payment in the bank they can’t transition to homeownership. But the “20% down payment myth” just isn’t true. Thanks to a variety of lending options, there are plenty of buyers out there purchasing property...

Millenials saving

Millennials Doubling Down To Save For Down Payment On Homes

https://youtu.be/-qkH8JnEHZU According to the NerdWallet’s Home Buyer Report, 82% of millennials say buying a home is a priority—but saving for a down payment can be a challenge. According to a recent article from Redfin, the top concern among first-time millennial home buyers is saving for a down payment. Instead of delaying the process though, this younger generation is just doubling down on...

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