Home Loan Down Payment Options Include 0-3% (video)
CategoriesBuy-Purchase-Sell / Financial Education / First Time Home Buyer / Home Financing Tips / Realtor / Video
Myth: You need a 20% down payment to purchase a home
Fact: Some home loan programs allow anywhere from 0-3% down!
Saving for a 20% down payment is a great goal to work towards as the total cost of your home financing decreases as your down payment amount increases. However, there are circumstances when the lower down payment mortgage options make sense as well.
Watch this video to learn more about your home loan down payment options!