Find out more about home buying, down payment help, and government aids.
10 Creative Ways To Raise Money for a Down Payment
When buying a house, the down payment is an essential factor to consider. A down payment requires paying an initial sum upfront to receive a mortgage loan. The larger your deposit, the lower your monthly repayments will b...
Down Payment: Helpful Tips to Help You Qualify For a Home Loan
It's important to be responsible when preparing for a down payment, and one of the best ways to do that is by getting pre-approved for a mortgage loan. It means you know how much money you can borrow, show...
How to Raise Enough Down Payment for Your Dream Home
When planning to buy a home, saving is one of the best ways to raise money for the down payment. However, you may have limited time to accumulate the needed cash. For example, you may have already found the house you ne...
The Surprising Benefits of Making a Larger Down Payment on Your Home
Are you planning to buy a home soon? If so, you're probably focusing on saving for a down payment. But did you know that making a larger down payment has several surprising benefits beyond reducing t...
How to Get a Down Payment for a House: Tips and Tricks
Securing the funds for a down payment can be one of the biggest challenges when purchasing a home. The down payment is an initial contribution from the buyer and constitutes a portion of the total cost. A sizable down...
How to Afford a Downpayment on a Home
As the cost of housing continues to rise, many people are left wondering if they will ever be able to save enough for a downpayment on their dream home. Fortunately, several strategies and government programs are available that a...
Critical Measures to Take If You Don't Have Enough Security Deposit
A successful home purchase process starts with proper planning. It will enable you to know what to do in each phase, helping you to prevent errors that may complicate or prolong the process. For example, y...
Down Payments for a Home May Get Lower This Year
In 2022, the median down payment for first-time home buyers was about 13%. This represents an increase from 2021 when the down payment for first-time home buyers was around 7%, while for repeat buyers it was about 17%. F...
Down Payment Advice
Coming up with a down payment for a house is one of the most difficult aspects of home buying. The prospect of putting down $10,000 or more can be daunting and can prevent potential home buyers from moving forward. The amount needed for a down payme...
