Eastside Seattle Real Estate Blog

Common Down Payment Options

Best Down Payment OptionsA down payment is usually the single biggest hurdle when it comes to turning a buyer's dream into reality. The expense can be enough to make anyone hit the Pause button on their search. But there may be more options for a buyer than they realize when it comes to affording the down payment. See how different loans have different terms and minimums and how buyers can use this to their advantage.

In a Perfect World

A 20% down payment is a minimum that was established for practically as long as modern banks have been in existence. It remains the number the buyer should strive to hit...

How Much Down Payment Do I Need?

Buying A Home: How to Handle the Down PaymentMany people think they need 20 percent down to buy a home, but it may not be necessary. Home buyers, particularly first time home buyers, could have several alternatives to making a large down payment. Gaining a better knowledge of typical down payment arrangements will help borrowers to make the right choice for them.

Understanding the 20 Percent Down Payment Myth

Lenders offering traditional mortgage loans might cite 20 percent as a standard down payment, but there is a little nuance to this assessment. Putting down a 20 percent payment to get into a house has...

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