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Category: Down Payments

    Key Terms To Know When Buying a Home [INFOGRAPHIC]

    By Tribeca NW | January 13, 2023

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    3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC]

    By Keeley Ryan | February 22, 2019

    Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save money for down payments while also... Read More

    One More Time… You Do Not Need 20% Down to Buy a Home

    By Keeley Ryan | February 5, 2019

    The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with higher rents, survey after survey has shown that non-homeowners (renters... Read More

    Will Your Side Hustle Buy You a House This Year?

    By Keeley Ryan | November 21, 2018

    The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017.  Among millennials with incomes over $100,000 a year, the top ways to come up with... Read More

    2 Myths Holding Back Home Buyers

    By Keeley Ryan | November 5, 2018

    Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership. Thirty-nine percent of renters... Read More

    Still Think You Need 15-20% Down to Buy a Home? Think Again!

    By Keeley Ryan | October 24, 2018

    According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in... Read More