Saving for a downpayment is often the most daunting part of the homebuying process. Having enough cash to put 20% down may seem out of reach, but don’t let that high number discourage you from becoming a homeowner. Despite what many people say, you don’t have to put 20% down to get the keys to a house.…
Tagged: Down Payment
If you are saving up to buy your first house or wonder if you have enough equity to trade for another, you may be relieved to know that for most buyers there are still low down payment options available. Zero Down Mortgage: VA (Veterans Administration) and USDA (US Department of Agriculture) both offer zero down…
MHDC which stands for Missouri Housing Development Commission, has made some modifications to all loans reserved on March 2, 2015. MHDC has been a great option for first-time homebuyers for down-payment assistance and helps with some of the closing costs. Prior to the new changes, the MHDC down-payment assistance program was offering 3.5% as CAL…
