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: 176 About Lynda: A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Ariz...
One of the first decisions that must be made in the home buying p
"My wife and I met Jamie Deters by chance after calling on a listing in North Phoenix. She knew the phoenix area well. A " no pressure", and we would look at as many houses as it took to "find the one", was Jamie's approach. We thought we would drive Jamie crazy with our questions, and days of showing us available listings. The house we finally made an offer on was perfect. Jamie got it under contract for us immediately at a NICE discount and a long list of repairs that she insisted the seller take care of. Jamie worked extremely well with the other agent and home inspector. Jamie Is all about follow up. She's super knowledgeable about real estate and the contract process. We were lucky to find Jamie, and she has the biggest heart of anybody you'll ever meet. Scott and Linda H."