Myths to how much $$$ you need to buy a home

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In this most recent episode of the Real Estate round table we had Jim Schmidt on again to talk about the myths to how much money you actually need for a down payment on a home. On countless occasions I speak with people who immediately think if I don’t have 10’s of thousands of dollars to spend they could never afford a home. The reality is just the opposite! Jim helped to outline for everyone that their are plenty of options out their for those who have little to no money for a down payment.

USDA Loans, FHA Loans, and conventional loans all offer a variety of different requirements and criteria you have to meet to be eligible for certain loans, but theirs plenty of options out there for buyers to utilize. If you have any questions about the different loans and criteria you have to meet to become eligible please reach out to Jim Schmidt or myself and we will get you the answers.

Jim Schmidt

HomeBridge Financial Services, Inc.
600 Main Street
Walpole, MA 02081
o: 508.668.0786 c: 617.543.7347 f: 877.707.4523
www.HomeBridge.com/jimschmidt

 

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