The Truth About Down Payments
Some Highlights
- There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
- And if you want to give your savings a boost, look into down payment assistance. There are thousands of programs that offer an average benefit of nearly $17,000.
- To learn more about loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.
Categories
Recent Posts

Mortgage Rates Above 7%: Should Buyers Consider an ARM or Rate Buydown?

Mortgage Rates May Stay Above 7% Through 2027: What Buyers Can Do

Do Homes Lose Value as They Age? Why Older Homes Can Still Be Worth More

Higher Rates, Better Deals? How Buyers Are Finding Opportunities in Today’s Market

What Do the October 2026 Fed Minutes Mean for Florida Homebuyers?

Top Benefits of Living in Central Florida & the Space Coast

Key Real Estate Market Trends in Central Florida & the Space Coast

The Benefits of Living in Central Florida and the Space Coast: Lifestyle, Amenities, and Community Highlights

Florida Homes & Loans Inc.: Your Trusted Real Estate Partner in Central Florida and the Space Coast

Essential Steps for First-Time Homebuyers in Central Florida: Expert Advice from Florida Homes & Loans Inc.
