If you started your down payment savings with your tax refund check this year, how close would you be to a 3% down payment?
Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals; for anyone looking to buy a home in 2018, this can be a great jump start toward a down payment!
Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%, with Veterans Affairs Loans allowing many veterans to purchase a home with 0% down.
Author:Lynda Western Phone: 602-919-0857 Dated: February 28th 2018 Views: 174 About Lynda: A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Ariz...
A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Arizona Native, Lynda loves to take advantage of the beautiful AZ weather and spends time with friends on outdoor excursions such as hiking, bike riding and 5K Charity runs.
Coming from a strong marketing background, she is able to optimize maximum exposure and reach when it comes to finding the right buyers for her clients home.
She brings integrity, energy, hard work and creative service in every detail of the real estate transaction. Keeping open communication with clients, lenders and all parties involved to drive successful closings.