Greater News: Alice will join our team on Monday, May 1, 2023, she will be available 24/7- click here for more details.

What is a down payment?

What is a down payment?

Virtually all home buyers rely on a mortgage loan to finance a home. Few mortgage loan programs will enable you to finance the full purchase price of a home. Instead, you will have to contribute a portion of the cost from your own funds (called down payment).…