Tips To Saving For A Down Payment


By AFN Media

 

 

1. Check with the sellers of the house, they may be willing to knock down the closing costs or add in a few perks of buying their home. Also depending on what type of home loan you receive, you might be able to check out some seller concessions.

2. Check for government assisted home loans such as VA loan or FHA. The U.S. Department of Housing and Urban Development have many programs and a list of what is available to you in your area. While this is not a government program American Financial Network, Inc. does offer a new program for government employees.

3. Check with your employer and see if any programs are offered. Some Employer Assisted Housing programs to connect with companies to help assist low to moderate income employees with their down payment.