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Down Payment Saving!
How Quickly Can You Save Your Down Payment? Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in …
Your saving may be enough!
One More Time… You Do Not Need 20% Down to Buy a Home. Is your saving enough? The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each …
Facts V. Myths- Qualifying for a home loan!
2 Myths Holding Back Home Buyers Qualifying for a home loan is not as difficult as many believe. Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of …
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