𝙷𝙾𝚆 𝙼𝚄𝙲𝙷 𝙳𝙾 𝚈𝙾𝚄 𝙽𝙴𝙴𝙳 𝙵𝙾𝚁 𝙰 𝙳𝙾𝚆𝙽 𝙿𝙰𝚈𝙼𝙴𝙽𝚃?

HOW MUCH DO YOU NEED FOR A DOWN PAYMENT?

If you’re saving up to buy your first home, you might have heard you need twenty percent of the home price for your down payment. But here’s the truth. That’s not necessarily the case. Unless specified by your lender, you don’t always need to put that much down. As you can see, today’s median down payment is less than twenty percent. In fact, it’s only fourteen percent when you take the average for all buyers. And it’s even lower for first-time buyers at just six percent. The big takeaway? Don’t let this myth be a barrier to achieving your dream of homeownership. If saving for a down payment still feels like a challenge, know there are over two thousand assistance programs in the U.S. And the majority are intended to help with down payments. If you wanna purchase a home this year, let’s connect because you may be closer to your savings goal than you think.

March 14, 2023

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Our goal is to bring exceptional service to all of your real estate needs.

Office Address

850 Simon, Conway, Arkansas 72032

Phone Number

(501) 428-8019

Email Address

501reddoor@gmail.com