Panza Home Group

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The Reality of Down Payments: What You Need to Know

Some Highlights

  • A widespread myth suggests you need to put down 20% of a home's purchase price, but this is far from the truth. Many homebuyers, especially first-timers, put down much less.

  • Down payment assistance programs are available to help bridge the gap. On average, these programs offer benefits of nearly $17,000 to qualifying buyers.

  • Explore loan options and assistance programs to discover opportunities that align with your budget. Visit trusted resources like downpaymentresource.com and consult with our reliable partner lender for more information.