What is the minimum down payment required in order to purchase a home?
In today’s mortgage world, you can realize the dream of owning your home with little or no money down. Many first-time homebuyers follow the belief that they must have 20% of the purchase price in cash. That may have been true in the past, however, there are many mortgage options available today to all potential homebuyers. With housing prices seemingly always on the rise it would be impossible for many people to own a home without these low down payment options. Center Street Mortgage has a wide variety of loan programs available to help you buy a home with little or no money down. Please contact us today to find the one that fits you best.
