First-time buyers turn to crowdfunding, and lenders are backing it



Would be home buyers who can’t afford to save for a down payment are increasingly looking at crowdfunding options to fund their home purchases.

Loftium will stump up your down payment, but only if you become an Airbnb host



That company is called Loftium, which says it will provide up to $50,000 in down payment money in return for homeowners renting out one of their rooms for between one and three years,

Zillow: If you’re saving for a home, cut down on the parties!



Destination bachelor and bachelorette parties are becoming the new norm for many millennials who prize experience and grew up with The Hangover’s depiction of pre-wedding adventure. However, those who attend just nine of these trips in a lifetime

40% of Americans still overestimate down payment costs



Some real estate buyers make false assumptions about how much of a down payment they need to be able to buy a home, according to a recent survey by the National Association of Realtors. The NAR’s 2017 National Housing Pulse survey of 1,500 adults nationwide found that almost 40 percent of consumers believe a down […]

The rise of equity-sharing, down payment assistance



A new trend is seeing finance companies help buyers with down payments on a home in exchange for future equity in their properties.

States offer housing assistance to college graduates to entice them to stay put



Recent college graduates are being offered a helping hand towards homeownership in some states, which are prepared to grant them thousands of dollars towards buying a property

70% of renters say they can’t afford a down payment to buy a home



Even though a mortgage payment is more affordable than a rent payment on a monthly basis, renters say they can’t buy a home due to the pricey down payment.

You don’t need a 20 percent down payment to buy a home



It’s great if you actually have 20 percent to put down on your first home, but this kind of down payment isn’t necessary by all means. Still, many prospective homebuyers believe that 20 percent down is the norm, and that could be holding them back from buying their first home.

Down payments needn’t be a drag on first-time buyers



The vast majority of first-time home buyers say a lack of funds for a down payment is the main reason why they’re yet to make a move in the property market, but many don’t realize that not everyone needs to pay 20 percent down to move forwards.

Down payments are major concern for homebuyers, Zillow study finds



It costs more than two thirds of the average annual income to cobble together a 20 percent down payment on a home, which is why many potential homebuyers say saving for a down payment is one of their top concerns.

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