Saving Up For a Down Payment on a New House?

 

Coming up with the funds for a down payment is often one of the most difficult hurdles of making a home purchase.  While there are advantages of putting more money down when you buy a house, did you know that you don't need a hefty down payment?  Luckily there are different options available for home buyers:

Loan Options

There are several options available, such as a 5% down conventional loan, or a 3.5% down FHA loan or even a $0 down VA loan.  

Down Payment Assistance

Multiple down payment assistance programs are available for buyers, and you don't have to be a first time home buyer to take advantage of the assistance.  

 

Contact a lender today to find out if you qualify for one of the loan programs or even for a down payment assistance program.  It might just take one phone call to put the dream of owning a home within your reach.