Your Down Payment Questions Answered

Your Down Payment Questions Answered

When getting a loan to buy a house, you will typically need to make a down payment. This can be daunting as there is a misconception that all down payments have to be 20% of the purchase price of the house. Some lenders only require as little as 3%, but it’s worth considering that the amount of money you put down on a house can lower your interest rate and monthly payments. Continue reading “Your Down Payment Questions Answered”