Down Payments - You only need 3.5%

I recently read a study that said that most people think you need a 20% down payment to buy a house. That is ABSOLUTELY NOT TRUE. It is very common to purchase a house with 3.5% down. The Federal Housing Administration has made this possible. So, if you're one of those people that thought you needed $30,000.00 to buy a house. Think again, for a $150,000.00 house the down payment is only $5250. Makes buying a house seem a lot more possible doesn't it. Give me a call and we'll see what kind of a house we can get you into. 801.341.7397