How Much Do You Really Need for a Down Payment?

SEP 19, 2017-1 MIN
The Spring Mortgage Team Podcast with Rob Spring

How Much Do You Really Need for a Down Payment?

SEP 19, 2017-1 MIN

Description

<iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/0fVGF0EYtII?rel=0" width="560"></iframe><br /> <div style="text-align: center;"> <i><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">A lot of people have questions about down payments. Today, I’m bringing you some answers.</span></i></div> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Today, we’re going to be talking about down payments. This is a topic that raises a lot of confusion, which is why I’m here to clear up the subject.&nbsp;</span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">One of the main things people ask is, “How much do I need to put down?”</span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">The truth is that it all depends. We need to ask ourselves if we can meet your financial budget, if we can meet your monthly payment requirements, and if we can buy the house you have in mind with the funds you have on hand.</span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <br /> <div class="quote-box"> <div class="quote-text"> "The amount people put down varies a lot more than some might tend to believe."</div> </div> <br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Most of our clients put down between 3% and 10%, but some put down more and others put down less. The amount people put down varies a lot more than some might tend to believe.&nbsp;</span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">We even have programs available that allow you to buy a home for nothing down at all.</span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Ultimately, we’d love to walk you through the process and determine what route is best for you.</span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.</span>