Real Estate One-Ortonville
Gary Hintz, Real Estate One-OrtonvillePhone: (248) 535-6184
Email: [email protected]

Tag: Down Payment

Posted on 05/15/2022
Advantages of Offering a Large Down Payment
When buying a home, the down payment will make up the bulk of your upfront expenses. While most mortgage lenders offer you flexibility in the amount of your down payment, it's difficult to decide how much money to spend right away. While a higher upfront cost, a higher-than-minimum down payment has some significant advantages. Here are the main...
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Posted on 10/10/2021
Benefits & Disadvantages to Higher Down Payments Homebuyers Should Consider
Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...
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Posted on 03/22/2020
Make a Down Payment Savings Plan To Buy Your First Home
You’ve been thinking it for a while: “I really should start putting some money aside for a down payment.” But, you just can’t seem to find any wiggle room in your budget. You’re not alone. Saving for a down payment isn’t easy. Especially if you’ve got rent, car payments, student loans, and are trying to put money aside for...
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