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How to Find Money for Your Down Payment — Even When You Don’t Have Much Savings


Feeling held back by the idea of a hefty down payment? Let’s dispel that myth together! My new series, “The 5 Most Common Myths BUSTED About the Best Time to Buy Your First Home,” is designed to empower you on your homeownership journey.

This week, we’re tackling the misconception that you need 10% or 20% down to purchase a home. The truth is, there are numerous responsible ways to secure funds for your down payment, including loan programs that require as little as 3% down, especially for first-time buyers with moderate incomes. It’s understandable to feel overwhelmed by the prospect of accumulating a lump sum for a down payment, but rest assured, it’s not an insurmountable barrier. By assessing your monthly budget and exploring various mortgage options, we can tailor a strategy that suits your financial situation.

From homebuyer assistance programs to tapping into retirement accounts or seeking support from family and friends, there are multiple avenues to explore. Additionally, boosting personal savings through strategic methods like adjusting tax withholding or selling unused items can significantly contribute to your down payment fund. Remember, homeownership is within reach, and I’m here to guide you every step of the way.

Stay tuned for next week’s myth-busting on credit scores!

Hi there!

I'm Morgan and I love helping professionals in the aviation industry make their move to Atlanta as smooth as a greased landing.  Whether its relocation, buying for the first time, or selling luxury and aviation real estate properties, I can help you transition smoothly.  

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678-876-0865

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2015 Sharpsburg McCollum Unit 110
Sharpsburg, GA 30265

morgan@theaviatoragent.com

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schedule your free consultation

Hi there!

I'm Morgan and I love helping aviation industry professionals make the move to Atlanta through relocation, buying for the first time, or selling luxury and aviation real estate properties.  

schedule your free consultation

Buy

My Listings

Sell

All Articles

Access my EXCLUSIVE guide for
buying and selling at the same time with EASE

Sell out of state &
buy in georgia


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