By myfirstcho6600809, Jul 30 2020 12:05AM
When you are ready to buy a home but do not happen to be sitting on a pile of cash for your own down payment – don’t dismay!
With rates this low, you will want to lock in sooner than later!
Whether your down payment is funded through a loan, a gift, a grant – together, we will explore innovative mortgage solutions that are right for your solution.
YOU DO HAVE OPTIONS!
Keep in mind that regardless of loan programs, putting more than the minimum down has its advantages, such as lowering your payments and reducing mortgage insurance premiums. And you will also start off with more equity in your home.
WE’LL DO THE MATH AND LET THE NUMBERS TELL THE STORY!
How many should you put down? We will consider your resources, qualifying factors, and your financial goals.
LET’S LOOK AT OTHER POSSIBILITIES!
You may want to check with your tax professional to explore using your 401 (K) as a source of down payment funds.
Your payments may welcome the chance to help you out with the loan – or even a gift.
Where there is a will, we will find a way to work around your down payment challenges!
Give us a call TODAY!