Bankrate on MSN
What is a down payment? How do they work?
A down payment is the portion of a home’s purchase price the buyer isn’t financing with a mortgage. The amount is paid upfront at closing. Depending on the buyer’s finances and the type of loan, down ...
GOBankingRates on MSN
401(k) Loan for a Down Payment: Is It Worth It and How to Do It Right
Buying a home is exciting, but saving enough for the down payment can feel like an uphill climb. Some buyers turn to their retirement savings, taking out a 401(k) loan for a down payment to ...
Online lender Rocket Mortgage makes it easy to apply from the comfort of home, with a digital application process, web chat and screen-sharing features, plus outst ...
Not as long as their children must. Getting to 20 percent down is a lot harder these days. By Vince Dixon With each new generation of home buyers, housing prices rise — and so does the time it takes ...
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