How large a down payment can I make?

Many buyers look at their cash on hand as their only source for their down payment. This simply is not the case. One way to fund or partially fund a down payment is by using a gift. Parents, grandparents and other family members are often eager to help by making a cash gift toward the purchase of your home.

There are also down payment assistance charities that can help you. And, of course, if you are selling a home, the equity you've built up can be applied to your down payment.

But these are not your only options. We can help you explore all your down payment options, including low down payment and 100% mortgage financing options that might be right for you.

Copyright © 2007 Home Equity Advisors, LLC
Portions Copyright © 2007 a la mode, inc.

Ask A Webdigs Agent

Ask about a listing, or how our service works.