Down Payment

In previous articles, we've explained how home buyers in Washington can get by with a smaller down payment. There are many ways to accomplish this, including the FHA program and other mortgage options that allow for a smaller investment. Today, we will look at this subject from the other side. We'll explain five benefits of making a larger down payment, when buying a home in Washington.'

As a Seattle-area mortgage company, we like to address questions that are frequently asked by local home buyers. Today, we'll cover a question relating to down payment requirements for a mortgage loan. Is 5% enough of a down payment in the Seattle area?'

Are you buying a home in the near future and require a mortgage to help finance it? If so, you’ll likely require a down payment in order to secure a home loan. The question is, what’s the average down payment for a house? '

Getting the money together for a down payment on a new home doesn’t have to be hard. If you plan, save, and make use of potential resources, you’ll be on your way to owning a home in 2022.'

Has someone given your gift money to use for your down payment? Learn the ins and outs of gift funds and how they can be used to get your mortgage.'

Buying a home is a big financial step and one that requires some discipline when it comes to money. In this article, we’ll discuss some simple ways to help get your finances in order and get you in a better position to afford a mortgage and a home purchase.'