What if I told you, you can buy a house with only 5% down? 3% down? Or even 0% down?* Though most people have accepted the fact that they can buy a home with less than 20% down, not
Buying a home with $1,000 down
Dated: October 27 2022
Views: 28
YOU can addord a home! There are loan programs designed for YOUR financial situation. If you have always viewed the down payment as a hurdle to home ownership, we can help you get over that hurdle. Here in Colorado, there are loan programs, that allow you to purchase with little money down (as little at $1,000). As long as your credit score is over 620, you may be eligible to take advantage of this down payment assistance program.
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The first step to getting the process started in purchasing a home with down payment assistance, is scheduling a call with us at our Calendly Page.
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So, what's the catch? There is no catch, only a trade-off. If you utilize down payment assistance and buy a home with $1,000 down, you may take on a higher interest rate than if you were to put down 3%, or more. If you have the money available to make a larger down payment, it may make sense for you to do so, to keep your interest rate, and monthly payments lower.
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Everybody has a different financial situation, so everybody should be presented with different loan options to evaluate. We would love to assist you in that process. Reach out via the Calendly link above, and we will get the ball rolling as soon as today!
Josh Spector
Josh was born and raised in Denver, Colorado, and is passionate about our beautiful state. He graduated from the University of Colorado at Boulder in May of 2019, with a degree in Strategic Communicat....
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YOU can addord a home! There are loan programs designed for YOUR financial situation. If you have always viewed the down payment as a hurdle to home ownership, we can help you get over that hurdle.
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