The Truth About Down Payments

There’s a misconception that you must put 20% of the purchase price down when buying a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive. And if you want to give your savings a boost, look into down payment assistance. Thousands of programs offer an average benefit of nearly $17,000. To learn more about loan options or down payment assistance programs, contact a trusted lender and check downpaymentresource.com.