What is the average down payment for first-time homebuyers?
The average down payment for first-time homebuyers is considerably less than the oft-quoted 20 percent down payment requirement.
Kacie Goff is a personal finance and insurance writer with over five years of experience covering personal and commercial coverage options. She's also dedicated to besting her brother, a financial advisor, with insider insight into the personal finance industry and spends hours researching the latest rates and regulations.
Goff founded Jot Content, a full-service content agency, in 2018. Through Jot, she contributes web content, blogs, case studies, press releases and more to brands in the finance, insurance, health and wellness, continuing education, healthcare and marketing industries.
She lives in Ventura, CA, with her husband and dingo-lookalike dog, Babou. When she’s not writing, you can find Kacie practicing yoga, working in her garden or scoping out a new happy hour.
The average down payment for first-time homebuyers is considerably less than the oft-quoted 20 percent down payment requirement.
Don’t take out a reverse mortgage before learning about these scams.
Want the lowest-possible interest rate? This mortgage delivers — for a few brief years.
Select the best mortgage lender for you with these tips.
Here’s what to know about loss mitigation and mortgage relief.
A mortgage note is one of many closing documents a borrower signs.
In some ways, an open-end mortgage is similar to a home equity line of credit (HELOC).
Finance folks call them “serious money loans” — for a reason.
We appreciate your feedback
Thank you for taking the time to share your experience.