Tag: Down Payment

Posted on 05/17/2020
Is Crowdfunding a Viable Source for Down-Payments?
Photo by Tumisu via Pixabay In an age where collaboration is on the rise, it’s not surprising that some are looking to find an alternative source of funding for their home or business purchase. Crowdfunding has been a successful way to fund various projects and business propositions, but it seems that some have found a way to make...
Buying
Down Payment
+ 2 more
Read More
Posted on 04/05/2020
PMI and Down Payments
Image by Charles 🇵🇭 from Unsplash Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty...
PMI
Mortgage
+ 1 more
Read More
Posted on 03/08/2020
Create a Game Plan for Saving for Your First Home
You’ve been thinking it for a while: “I really should start putting some money aside for a down payment.” But, you just can’t seem to find any wiggle room in your budget. You’re not alone. Saving for a down payment isn’t easy. Especially if you’ve got rent, car payments, student loans, and are trying to put money aside for...
Down Payment
Savings Plan
Read More