Saving for a Down Payment?

Saving for a down payment isn’t as daunting as you might think. In addition to your cash savings, there are many resources you can tap into to help with your down payment. Here’s a quick list of some of the most common ways buyers gather their down payment funds.


TIPS FOR ACCUMULATING A DOWN PAYMENT

• BORROW THE DOWN PAYMENT FROM YOUR RETIREMENT PLAN
Check the provisions of your retirement plan.
You can borrow funds from a 401(k) plan for a down payment
or make a withdraw from an Individual Retirement Account.

• SELL SOME INVESTMENTS

• GIFT FROM FAMILY
Parents and other family members are often anxious
to help children buy their first home.
They may have the means to give you a gift of money for a
portion or all of your down payment.

• DOWN PAYMENT ASSISTANCE CHARITIES
If a willing and able family member is not available, you
also have the option of turning to a non-profit organization
for down payment assistance. You can learn more about down
payment assistance charities by visiting my website:

www.go2themortgagepro.com.

LOW DOWN PAYMENT AND NO DOWN PAYMENT MORTGAGES

Don’t let the thought of saving for a down payment deter you from purchasing a new home. There are many low down payment and even no down payment programs available. I’d be glad to help you find a loan option that meets your financial situation. Give me a call at 213-700-1968 or e-mail me at StockTec1@go2themortgagepro.com to set up a time to meet that is convenient for you.

I look forward to hearing from you.

Stay Focused,

L. D. Walls, The Mortgage Pro!
23272 Mill Creek Dr., Suite #100
Laguna Hills, , CA 92653
213.700.1968
EMAIL: stocktec1@go2themortgagepro.com
WEB SITE: http://www.go2themortgagepro.com/Intro.aspx
BLOG SITE: http://www.themortgagepro.blogspot.com/