Do I Really Need 20% Down on a Home Purchase Loan?
Posted On: April 27, 2020 by Prevail Bank in: Home Loans
Saving enough money for a down payment on a home can be challenging. This is one of the largest issues many homebuyers face when applying for a mortgage loan. A down payment on a home is simply a percentage of the total cost that a buyer has to pay up front.
How much is required as a Down Payment?Minimum down payments are typically based on three sets of criteria; the type of mortgage, the lender, and your financial situation and history. Depending on the...
Tags: Home Purchase Loan, Mortgage Tips
Adulting 101: Budget, Bank, Credit
Want a Job? Watch out for the You're Hired! Scams.
Sustainability: How Small changes Make a Big Difference
Your Dad’s Guide to Financial Savviness: Timeless Wisdom
Banks Never Ask That. Your Text May be a Scam if...
Voice Scams - 14 Ways to Protect Yourself
2024 Home Ownership Unachievable? Prepare with These 8 Tips.
Donations that Make Our Communities Better