If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless specified by your loan type or lender, […]
Tag Archives: downpayment
How Renters Can Prepare to Buy a Home in Metro DC
It’s the end of the year and that means new goals are being made for many Metro DC residents. One of these goals may include buying a home— making the switch from renting to homeownership! It’s an exciting time for Washington DC area buyers to jump into the market, although with mortgage rates higher than […]
Benefits of a Downpayment for Metro DC Homebuyers
When it comes to buying a home in Chevy Chase, Bethesda, Washington DC, and the surrounding Metro DC communities, there are many options for mortgage loans. DC area homebuyers can shop around for a mortgage loan and see what works best for them and their finances. As your local Metro DC real estate experts, The […]