There’s a common misconception that buyers have to have 20 percent down to buy a home. And while putting that amount of money down is a great idea, not all of us have that kind of money just lying around.
To assist buyers that need a smaller down payment, lenders offer tons of financing options that require very little money down. These loan programs are the subject of this week’s Getting Real with Real Estate with Olivia and Katie, which you can watch below.
The great thing about many of the loan programs discussed in this week’s vlog is that they can be used to finance low-cost homes, like our #PerfectStorm homes that often cost less to own per month than rent!
For even more details about financing for a home, be sure to check out our other articles on the subject:
- Even if You Rent, You’re Still Paying a Mortgage
- Not Sure if You Should Buy a House? Now Might Be the Best Time to Buy
- 3 Things About Buying a Home That No One Tells You
As always, you can drop by our office at 309 N Broadway in Riverton or give us a call at 307-856-3999 to talk directly to one of our real estate professionals about financing and other buying and selling topics!