Think you have to put 20% down when you buy a house? Think again.
Unless it is specified by your loan type or lender, you don’t always have to do so. And the truth is, most homebuyers don’t.
The median down payment for first-time buyers is 9% -- but most of the time you don’t even have to put that much down.
And if you want to give your savings a boost, check out the growing number of down payment assistance programs. On average, they provide about $17,000 to qualified buyers.
Want to learn more? Reach out to a trusted lender. If you don't have one, contact us. We can give you referrals.
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