There is are some programs currently in effect to help with 2% of the down payment. Considering that conventional loans require a minumum of 3% down, this could you help reduce your out of pocket down payment to 1%. If you want, I dont mind, I can send you this information via emial if you like
Nope, lower rates will cause people to buy a house because of the fear of missing out, preventing the 25-30% inflated home prices to not got back to normal.
FHA loans only require 3% downpayment and there are some programs that go as low as 1%. The issue with those loans is you won't be able to refinance until you hit 5% equity on home. If home prices go down, then stuck with rate for a bit. 1% down on a 600k house is $6000. 1% down on a 400k house is $4000. 1% down on a 300k house is $3000.
Saving for a down-payment is the problem 😢😢😢😢rent is killing us!!!!!!!!!!!!!
@@Mom23trader my advice is contribute a little more to you 401k and then take a loan .. or if not invest in the s&p 500
There is are some programs currently in effect to help with 2% of the down payment. Considering that conventional loans require a minumum of 3% down, this could you help reduce your out of pocket down payment to 1%. If you want, I dont mind, I can send you this information via emial if you like
This is like asking if water is wet
Nope, lower rates will cause people to buy a house because of the fear of missing out, preventing the 25-30% inflated home prices to not got back to normal.
Lie
😂😂😂lololol your joking right??? Every penny goes to rent............
FHA loans only require 3% downpayment and there are some programs that go as low as 1%. The issue with those loans is you won't be able to refinance until you hit 5% equity on home. If home prices go down, then stuck with rate for a bit.
1% down on a 600k house is $6000. 1% down on a 400k house is $4000. 1% down on a 300k house is $3000.