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How First-Time Homebuyers Can Save for a Down Payment

Many first-time buyers put off buying their first home due to a struggle to come up with a down payment and closing costs. However, there are many ways to save up for these additional upfront costs with the right plan and assistance available. Here’s how first-time homebuyers can save up for their down payment and set up a meeting with their local...

Best Practices for Buying Your First Home in 2022

Buying your first home can be a daunting task, especially with the state of the housing market. While you may be a few steps away from your new home, these best practices for buying a home in 2022 will ease the pressure of the home buying process and help you become a homeowner. Check them out, and don’t forget to reach out to your local mortgage...

Is a Zero Down Payment on a Mortgage a Smart Move?

There are many different types of mortgages out there that vary in terms, rate, length and more. However, zero down payment mortgages can sometimes catch first time home buyer’s eye, since a down payment is a large sum of money. Although zero down payments sound great in theory, it is not always the best option for buyers.

How to Calculate PMI for Your Mortgage

Imagine you have found the perfect house for your family. The yard, the finished basement, the two-car garage, all the bedrooms, and bathrooms -- it’s the ideal space. But there is a problem. The standard 20% down payment is more than you can afford.

What Are My Mortgage Options If I Need a Low Down Payment?

Buying a home is a great long-term investment. However, qualifying for a mortgage will require a borrower to put forth a 20% down payment towards the purchase of the home. For many prospective buyers, this can be unaffordable. Fortunately, there are several ways that a borrower could qualify for a mortgage even if they have a low down payment.

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