When you’re buying a home, it can be difficult to estimate all of the costs involved. While some of our clients want to make a 20% down payment in order to eliminate PMI (Private Mortgage Insurance), others need to put down as little money as possible when it comes to closing. Regardless of which end of the spectrum you fall, here’s a quick guide to determining your costs!
We’re often asked whether 100% financing is still available. This is a type of loan that was more common about 5 years ago, but it’s become a difficult product to find in our current real estate market. These loans are popular among a wide range of buyers – from first time home buyers to divorcees to retirees – because they offer a $0 down payment. These loans