
The Down-Low on Down Payments
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.
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.
Did you know that the average age of first-time home buyers is 33? Here are some indicators that people are ready to buy in their thirties!
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!
ALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA, IN, KY, MD, NC, OH, PA, SC, TN, TX, VA, WV |
308 Market St SE, Roanoke, VA 24011
ALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA, IN, KY, MD, NC, OH, PA, SC, TN, TX, VA, WV |
308 Market St SE, Roanoke, VA 24011