Misconceptions about homebuying and down payments can keep some from pursuing their dreams of buying a home.
From zero-down to investing 20% to paying private mortgage insurance, there may be many reasons why understanding all things down payment might be a little confusing.
To help dispel some of that confusion, here are three myths that you can quickly put to rest:
- Low Down Payments Are Only for 1st-Time Buyers
- You Can’t Use Gifts or Loans
- It’s Difficult to Get Down Payment Assistance
When you’re ready to buy a home, contact me and I can help with any down payment questions you might have.