How Much of a Down Payment Do You Need?
Buying a home, especially for the first time, can make you worry about saving enough for a down payment. But here's the good news: You might not need as much as you think. Traditionally, buyers put down 20% of a home's price to avoid private mortgage insurance (PMI), which protects lenders if y
How Down Payment Assistance Made One Woman's Dream of Homeownership A Reality
Jackie's journey toward homeownership started back in December 2019, when she had to make the agonizing choice to move her elderly mother, for whose care she had moved into a larger, more accessible home, into an assisted living facility. She was homeless since she couldn't pay the rent on her own
Go from renting to owning a home
Are you tired of shelling out money every month for rent, without anything to show for it? Have you been dreaming of owning your own home but feel like the upfront cost is too high? Well, you're not alone. According to a recent survey, 60% of renters say that down payments are a barrier to buying a
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