Did you know that the average age of first-time home buyers is 36? Here are some indicators that people are ready to buy in their thirties!
While a 20 percent down payment is considered ideal, it’s not actually as common as you might think, nor is it a necessity to buying a home.
One of the biggest hurdles aspiring home buyers face is saving enough for a down payment, but you may be closer than you think. In a study conducted by NerdWallet, 44% of respondents said a lack of a down payment was the roadblock keeping them from buying a home. Let’s set the record straight and separate fact from fiction on some common down payment myths!