If there’s one thing that can help you get approved for a mortgage, it’s a large down payment. Showing the lender that you have a vested interest in the property lowers the risk the lender must take. Putting more money down can help you cancel out negative factors such as a lower credit score or higher debt ratio. Your willingness to put your own money on the line shows lenders … [Read more...] about Simple Ways to Start Saving for House Down Payment
saving for down payment
Creative Down Payment Strategies for Millennials
If there’s one obstacle many millennials state that prevents them from buying a home, it’s the down payment. Many millennials feel 20% down is crucial. While it’s definitely not the case today, 20% down definitely helps. If you are among the group that feels you can’t buy a home until you have enough to put down, learn the strategies that can help you reach that point … [Read more...] about Creative Down Payment Strategies for Millennials
Saving up for your Down Payment
Coming up with the down payment for a home is often the hardest part. Whether you are inpatient and want to buy a house now, before you have the money, or you have just been struggling to find a way to come up with enough cash, we have the answers for you. Here are a few simple ways to have enough money to get the home of your dreams sooner than you thought possible. Get a … [Read more...] about Saving up for your Down Payment