en English
en Englishes Spanish

951-777-0449

info@downpaymentnetwork.com

Don’t Make This $9,000 Home Buying Mistake

Don’t Make This $9,000 Home Buying Mistake

Among life goals, homeownership is second only to retirement – ranking higher than getting married, having children and traveling the world, according to Bank of America’s Homebuyer Insights report. Where do you rank homeownership? If you’re here, you might agree that owning a home is a top priority.  

Yet, you may be overlooking the wide range of resources available to help you achieve your homeownership dream — from homebuyer education to down payment help. Recent data shows just how many buyers may be leaving money on the table.

Are you missing out?

The Urban Institute’s Barriers to Homeownership Report looked at how many 2017 purchase mortgages would have been eligible for down payment help. Across 31 of the largest cities, about 36% or 789,000 loans were eligible for at least one homeownership program. The average loan was eligible for approximately 6 programs and $9,208 in down payment help. That’s valuable help that can help boost your homeownership potential.

Across the country there are more than 2,500 homeownership programs available to homebuyers – more than one program in every market. What can you do to be sure you don’t overlook an option for your personal situation?

4 steps you can take

Empower yourself as a homebuyer with these four important steps:

  1. 1.

keep reading

The post Don’t Make This $9,000 Home Buying Mistake appeared first on Down Payment Resource.

img

Down Payment Network

    Related posts

    Are Down Payment Assistance Programs Gone?

    Homebuyers are wondering what COVID-19 will mean for their home financing plans. Will down payment...

    Continue reading
    by Down Payment Network

    What COVID-19 Means For First-time Homebuyers

    There are many challenges as a result of COVID-19, but it doesn’t mean you have to put your...

    Continue reading
    by Down Payment Network

    The Impact of COVID-19 on Down Payment Assistance Programs

    by Rob Chrane, CEO, Down Payment Resource We’re closely monitoring the impact of today’s...

    Continue reading
    by Down Payment Network

    Join The Discussion

    Translate Website »